Accounting Practice in SEQ. Major growth area

This business is already sold

Established accounting practice in SEQ. 1hr from Brisbane. $404k in annual fees.

Key Sale Highlights

Current owner’s are flexible to work on for acquisition buyers or perform handover for owner operato
Low rent at circa $2,600+gst pcm for recently refurbished 52sqm
Good spread of clients with largest clients circa $2,500 in fees minimizing client loss risks
Current contract accountant engaged with 33% COGS affording excellent overflow access with no ongoin
Established accounting practice in one of the fastest growing corridors of SEQ

Proudly listed by Tony Hancock from Business Sales Brokers Australia

Business Overview

This accounting practice has been established in a town less than 50 minutes to Brisbane.
The town has major residential and industrial / commercial developments surrounding it.
The practice has 2 full time equivalent accountants (including the owner), a full-time admin as well as two part time admin staff as required, (normally 1 day / week). Additionally, there is a contracted accountant working at approximately 33% COGS.
The owners are seeking to exit the business within a reasonable transition period and will consider assisting and working on depending on the offers received.