Summary
Well established business since 2006. The business has long term clients that have remained extremely loyal to the business. The business operates with some remote and onsite staff .
Revenue
$704 pa
Location Details
South East
Business is located in a busy shopping precinct .
Close to major freeway and other main roads .
Business can operate from anywhere
Potential
With a loyal client base and established accounting fees.This Business Advisory business provides a strong foundation for further growth.
A new owner could build on these relationships through more structured advisory services ,
while exploring efficiencies by integrating the portfolio into an existing practice .
Skills
Business Accounting
Business Advisory
Business taxation
Smsf Accounting
Hours
Monday To Friday 9am to 5 pm
Lease
Lease terms can be negotiated if buyer would like to stay in the area .
Business can also be relocated .
Employees
Full time and Part Time The practice is supported by accountants, bookkeepers,
a practice manager and an administration assistant,
including two overseas accountants. The owner
oversees operations, client relationships and quality
control.
Reason for Sale
Vendor is wanting to retire .
About the Business
Proactive Advice
Clients are encouraged to contact the practice before taking significant business
steps, with regular quarterly advisory meetings also encouraged. This approach
supports relationships in which the accountant is involved in business decisions
and provides a platform for more structured consulting services.
Quality Control and Service Insight
The owner oversees operations, conducts high-level client meetings and reviews
accounting work against quality control measures. The owner reports that the
practice met the ATO benchmark of lodging at least 85 per cent of tax returns on time
in the latest year referenced in the questionnaire.
Digital Presence
The business posts regularly across Facebook, Instagram and LinkedIn, with
assistance from an external social media provider. Its website and social activity
provide an existing platform for visibility and client communication. Transfer of these
channels would need to be agreed as part of the sale.
Broad Range of Clients
Accounting, bookkeeping, SMSF work and compliance services allow the practice to
support several aspects of a client’s financial affairs. This breadth creates regular
points of contact and opportunities to identify additional needs within the existing
client base.
Longstanding Client Relationships
Client loyalty is a central strength of the portfolio. More than half of the practice’s
top 20 clients have been with the business for the full period of the current owner’s
operation. These relationships offer a purchaser an established foundation for
client continuity, supported by a carefully managed introduction and handover.
Established Client Fees
The acquisition offers access to an existing client fee portfolio, allowing a purchaser
to build on established relationships and service requirements. The owner reports
consistent growth in fees year on year. Financial records and client-level fee
information will be important in assessing the portfolio’s value and composition.
History
Business Started in 2006
Current Owner has owned business since 2013 buut worked in business prior to being a director .
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