Sydney South Eastern Suburbs

Accounting Practice

ID: 390

$1,050,000 Fees

This is an established and reputable one Principal practice in an attractive location. The practice has delivered a strong and consistent track record of growth driven by word-of-mouth referrals and has a good level of profitability. There is a base of loyal, long-term clients including c.60 SMSFs and a large cohort of individual tax return clients who are well prepared, low maintenance, and pay on the spot. Operations are efficient and the practice utilises Xero. The Principal is supported by a capable and collaborative team with good client relationships. This practice would be ideally suited to an individual or an existing practice comfortable with individual clients and/or with a financial planning offering.

Reason for sale: The Vendor, aged in their 50s, intends to scale down on workload and to spend time with family and travel.