UNDER OFFER - NICHE ACCOUNTING FEES – REAL ESTATE TRUST ACCOUNT AUDITS – Melbourne.

Description

Business type: accounting and audit practice

Operating model: sole practitioner

Client portfolio: 95 clients

Asking price: $95,000

Sale reason: retirement

Business overview

Established niche accounting practice focused on trust account and financial statement audits.

Trading history: long established

Client relationships: established

Practice structure: specialised

Services

• Real estate trust account audits
• Owners corporation financial statement audits
• Conveyancer audits

Financial performance

FY2024/25 gross fees: approximately $107,000 excluding GST

Client portfolio: 95

Fee base: established

Clients

Real estate agents: primary client group

Owners corporations: selected clients

Conveyancers: selected clients

Real estate referral network: established

Operations

Remote clients: more than 80%

On-site clients: approximately 20%

Peak workload period: July to September

Operating structure: flexible

Transition

Vendor support: available

Transition assistance: ongoing

First audit year support: available if required

Client continuity: supported

Buyer profile

Qualified accountant: suitable

Trust account audit experience: preferred

Newly qualified accountant: suitable

Niche practice buyer: suitable

Opportunity

Established audit client portfolio.

Specialised recurring work.

Majority remote service model.

Vendor transition support available.