Business ID: XB158991
Opportunity to Acquire a Long-Standing Accounting Firm in Melbourne
This well-established accounting practice, operating since 1980, is now available for sale due to the owner's health challenges. With a loyal client base, a solid reputation, and consistent revenue, this is a rare opportunity for an experienced accounting professional or firm to step into this growth potential.
Key Features:
- Established Track Record: Operating for over 40 years with a solid reputation in the community.
- Diverse Client Base: Servicing 1,483 clients, including individuals, sole traders, companies, partnerships, trusts, and SMSFs.
- Revenue: Gross fees for FY2023/24 total $451,000.
- Geographic Reach: The practice operates from two premises, one in inner-northwest Melbourne and the other an hour north, with most accounting work handled by staff at the inner Melbourne office.
- Comprehensive Service Offerings: Specializing in tax returns for individuals and businesses, with a focus on delivering quality service both in-person, over the phone, and online.
- Ongoing Support: The owner will provide transition and ongoing support to ensure a smooth handover and long-term success for the new owner.
This practice offers an ideal opportunity for a qualified accounting professional (registered Tax Agent) to acquire a well-maintained business with a loyal client base and a robust service offering.
Asking Price: $450,000
Property Code: 4162
