PPV03412 - Inner South Eastern Suburbs Melbourne Accounting Practice for Sale
Established Fee Base with Great Upside Growth in Search of a New Home
If you’re in the market for a bolt on or tuck in, this fee base offers a rare opportunity.
With circa $920K in fees for the 2011 year, plus an optional $33K in financial planning revenue, this opportunity should not be overlooked by any prospective purchaser in the market for growth.
Located within 15km of the CBD, this firm provides accounting and business advice services to broad ranging clientele located within the Melbourne area. Revenue is significantly derived from partnership, super and company returns. 46% of billings are generated by annual fees of $5K or greater, with the top 20 client groups contributing approximately 32% of 2011 revenue. Fee growth continues to look strong for the current year.
The flexibility of the lease allows the prospective purchaser the option of either retaining the firm in its current premises or relocating the fee base to an existing practice within the surrounding 10kms.
The vendor and key contacts are available permanently or for an extended transition period as required.
Phone Michelle Knights on (02) 9233 4333 or e-mail Michelle to express your interest in this practice and obtain further information.
The completion of a confidentiality agreement is essential prior to the supply of information.
