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Realising Value for Sellers and Buyers since 1991

Sold

Accounting Practice with Fees of circa $2,300,000

SOLD

Accounting Practice with Fees of circa $2,300,000

An opportunity to acquire a well established and very profitable regional accounting practice, with accounting/tax client fees of circa $2,300,000 and very experienced staff members, located in a popular coastal regional town.  

The Practice has a mixture of clients from a range of different industries including fishing, manufacturing, agriculture and retail, with some of the client groups having annual fees in the range of $10,000 to $50,000.  Many of the clients are located in the surrounding regions where the practice is located. The business operates from an office located in the town, which is available for lease at a modest rent.  The Vendors advise it is essential in their decision making process, for the buyer to be prepared to have an office in the town and all staff remain with the business.  One of the senior accountants would like to have the opportunity to acquire equity in the business. This can be further discussed with potential buyers at the appropriate time, so they understand the reasons, circumstances and benefits.  

This opportunity may suit very experienced accountants, wishing to commence practice at a large scale. It could also suit an existing Perth based or regional accounting practice wishing to grow via acquisition by focusing on this regional area within Western Australia. It is important to note that the Vendors feel the practice could not be relocated to Perth.  Due to the nature of the Practice and the personal relationships involved, the Vendors are prepared to continue to work in the Practice on a part time basis for at least 6 to 12 months to ensure a smooth transition, as they want it to be successful for all parties concerned. 

The Vendors have asked that potential buyers be qualified for finance prior to progressing further.  Due to the confidential nature of this transaction, further information will only be provided to parties which have been approved by the Vendors.

We have an Information Memorandum available which interested parties can have access to after signing a confidentiality form on our website.  When completing the form, please include as much detail as possible.  For further information contact the Zircom Office on (08) 9409 2266 or submit enquiry form.

Details

Price SOLD
Property Type Business
Category Professional

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Catherine Jones & David Screaigh photo

Catherine Jones & David Screaigh

(08) 9409 2266