Business ID: XB160241
FY2024 Gross Fees of $94,500+
This greater Melbourne Bookkeeping Practice with a long trading history is offering its portfolio of clients for sale. Due to health-related issues, the Principal has made the difficult decision to place this fee parcel on the market.
- Main services include BAS & Bookkeeping, payroll, IAS and Super.
- Principal working up to 35 hours per week
- The gross fees invoiced for FY2024 was over $94,500 (excluding GST) from a total of 19 clients (which has decreased).
- Fees were generated from business clients from broad range of industries
- The accounting software used by clients is Xero, QBO and MYOB
- Operating from a home-based office (relocation is required).
- Potential to improve revenue and profitability.
- 80% upfront with 20% retention for 2-3 months
If you're keen to expand quickly, and can transact this swiftly, then the Principal is also keen to be available for a smooth but timely transition.
The portfolio will be suitable for a qualified accounting/bookkeeping professional (registered Tax Agent) or as a "Bolt-on" to an accounting/bookkeeping practice with experience in servicing small to medium-sized businesses.
Asking Price: $75,000
Property Code: 4223
