Accounting Firm For Sale Sydney 500,000 in fees per annum

Description

Business type: accounting practice

Operating history: almost 25 years

Business model: franchise-backed accounting firm

Annual fees: approximately $500,000 to $550,000

Business overview

Established accounting practice with a long operating history and recognised franchise backing.

Brand recognition: strong

Client database: established

Record keeping systems: strong

Financial performance

Annual fees: approximately $500,000 to $550,000

Financial history reviewed: past three financial years

Fee performance: consistent

Clients

Client base: long established

Client loyalty: high

Trust relationships: long term

Database quality: strong

Team

Long-term staff: in place

Key staff retention: available initially

Transition support from staff: available

Systems

Record keeping: established

Client management systems: in place

Operational foundations: strong

Location

Position: busy street

Client access: strong

Visibility: established

Growth

• Expand existing client base
• Increase service penetration
• Build on franchise recognition
• Develop additional client relationships

Sale process

Due diligence: welcome

Confidentiality agreement: required

Vendor approval: required

Business name: released to approved purchasers

Information memorandum: available after approval

Opportunity

Established accounting practice.

Consistent annual fee base.

Long-term clients and staff in place.

Further expansion potential: available.