Western Sydney

Accounting Practice

ID: 357

$345,000 Fees

This is an established one Principal practice of nearly twenty years in a thriving part of western Sydney. It comes with a stable base of long term clients generating healthy profitability. 92% of FY24 revenue is derived from 59 client groups at an average of $5,800 per client. The Principal works less than full time and is supported by a capable team of local and offshore staff with established work procedures. The practice is based out of the Vendor's home and is readily relocatable across western Sydney, and potentially beyond. There is scope for further growth through marketing and additional services such as estate planning, business advisory and software implementation. This opportunity would suit an individual or an existing firm with the capability to grow the practice and add more value to clients.

Reason for sale: The Vendor, aged in their 60s, intends to scale down and potentially pursue other opportunities outside of public practice accounting while transitioning to retirement.