Business ID: XB------
Current adjusted fees in the region of $215,000
This accounting practice is based in Sydney CBD and was established over 100 years ago.
The owner has health issues and no longer works in the business. We are engaged to sell the book of fees as follows:
- Individuals – 74
- Company – 10
- Superfund – 7
- Trust – 2
The client base is considered older with most of them either in or entering retirement. Whilst they may have run businesses or had professions in the past most are now investors and Self-Managed Retirees.
There are a lot of family groups within the client base flow of earnings, and distributions between entities. We understand there are also share investments and managed funds. There are no referral fees or commission-sharing arrangements in place.
There is a long-term employee who can assist until Sept for a handover if required.
This is an opportunity for someone with an existing practice wanting to add clients to their business or possibly even an experienced accountant presently working for a Firm wanting to branch out on their own.
Asking price: $215,000
Property Code: 4018
