Profitable, Fully Remote Bookkeeping and BAS Practice

Description

25+ Year Track Record. Adjusted Profit $369KThis is an exceptional opportunity to acquire a long-established, home-based bookkeeping and BAS agent practice with more than 25 years of trading history, a loyal referral-based client base of over 200 small and medium-sized businesses, and a fully remote, low-overhead operating model with no lease or commercial premises.Built primarily through trust and word-of-mouth referrals, the business has never relied on formal marketing while continuing to attract new clients through established relationships with a select group of long-standing accounting firms. The practice has developed strong sector expertise across medical, allied health and childcare clients.Revenue and profitability have increased consistently, supported by a highly recurring fixed-fee client base and an experienced, low-turnover team already in place. With no significant investment in marketing, SEO or digital channels to date, the business provides substantial scope for an incoming owner to accelerate growth through targeted marketing and additional advisory services.Key Highlights* More than 25 years of trading history under stable, continuous ownership* Over 200 loyal, referral-based clients, with no single client contributing more than approximately 10% of revenue* Revenue increased from approximately $414K to $705K over the past two years* 100% gross margin with no stock or cost of goods sold* Adjusted earnings margin consistently in the low-to-mid 50% range* Predominantly recurring fixed-fee client billing* Fully remote operating model with no lease or commercial premises* Recent fee increase not yet fully reflected in reported earnings* Further pricing opportunities identified* Experienced, low-turnover team already established* Existing offshore delivery capability* Registered BAS Agent compliance framework already established* No formal marketing expenditure to date* Significant potential through SEO, digital marketing and advisory cross-selling* Flexible handover available for up to two years to support client and referral relationshipsSale and Transition StructureAn initial payment is required on handover, with the remaining balance released through staged payments subject to client retention over an agreed period.A 10% goodwill deposit is payable prior to the commencement of due diligence and will be held in the agent's trust account.The vendor will provide hands-on training and knowledge transfer throughout the handover process, including personal introductions to key referring accounting firms. The vendor is also available for up to two years following settlement through an agreed consulting arrangement or as a working business partner.A staged buy-in structure may also be considered for a suitable purchaser.Ideal BuyerThis opportunity is suited to a Registered BAS Agent, experienced bookkeeper or investor with sales and marketing capability who can build on the existing client base and introduce structured business development strategies.The current owner has personally established and managed more than 200 client relationships over 25 years without a formal marketing or sales process, providing a strong foundation for an incoming owner to expand the practice through modern digital marketing, SEO, strategic partnerships and additional service offerings.