About the Business

Business ID: XB158991

Opportunity to Acquire a Long-Standing Accounting Firm in Melbourne

This well-established accounting practice, operating since 1980, is now available for sale due to the owner’s health challenges. With a loyal client base, a solid reputation, and consistent revenue, this is a rare opportunity for an experienced accounting professional or firm to step into this growth potential.

Key Features:

- Established Track Record: Operating for over 40 years with a solid reputation in the community.

- Diverse Client Base: Servicing 1,483 clients, including individuals, sole traders, companies, partnerships, trusts, and SMSFs.

- Revenue: Gross fees for FY2023/24 total $451,000.

- Geographic Reach: The practice operates from two premises, one in inner-northwest Melbourne and the other an hour north, with most accounting work handled by staff at the inner Melbourne office.

- Comprehensive Service Offerings: Specializing in tax returns for individuals and businesses, with a focus on delivering quality service both in-person, over the phone, and online.

- Ongoing Support: The owner will provide transition and ongoing support to ensure a smooth handover and long-term success for the new owner.

This practice offers an ideal opportunity for a qualified accounting professional (registered Tax Agent) to acquire a well-maintained business with a loyal client base and a robust service offering.

Asking Price: $450,000