Sydney, New South Wales 2000
SOLD
Key Features
AI generated. Contact seller to confirm.
- Established since 2008
- 172 active clients ready for smooth transition
- 22 companies contribute over 50% of revenue
- Owner works 20 hours per week
- Diverse client mix including SMSFs, trusts, individuals
- Prime Sydney location, NSW 2000
- Turnover: Not disclosed
- Net Profit: Not disclosed
- Rent/Lease: Not disclosed
- Stock Value: Not disclosed
- Established: Since 2008
Business Details
Business Category Accounting
Ready for a Smooth Transition to New Ownership
Looking for a well-established accounting firm with strong client loyalty and a stable revenue stream? This business, operating since 2008, offers an incredible opportunity for an experienced accountant or firm looking to expand. The current owner is selling due to retirement, and the firm is primed for continued growth with minimal time investment required from the new owner.
Key Features:Established Since 2008: A trusted name in the industry with a loyal client base built over years of service.
Owner's Involvement: The current owner only spends 20 hours per week on the business, allowing room for growth with minimal time commitment.
Reason for Sale: The sale is due to the owner's retirement, offering a great opportunity for a new operator to step in and continue the legacy.
Client Breakdown:Total Clients: 172
SMSF (Self-Managed Super Funds): 12 clients
Trusts: 4 clients
Partnerships: 2 clients
Business Clients: 22 clients
Individual Clients: 130 clients
Sole Traders: 2 clients
Financial Highlights:22 Companies: Representing 51.60% of the firm's total revenue.
More Than 50% of Total Revenue: Over 50% of the firm's revenue comes from these 22 companies, highlighting a strong, stable, and lucrative portion of the business.
Why Buy This Firm?Strong Client Loyalty: Long-standing relationships with clients provide a steady revenue base.
Low Owner Involvement: With only 20 hours per week of owner commitment, this firm offers the flexibility for a buyer to either continue the current level of involvement or expand.
Diverse Client Portfolio: The firm serves a variety of client types, including SMSFs, trusts, partnerships, business owners, individuals, and sole traders-ensuring consistent revenue streams.
High-Value Business Clients: The 22 companies make up a significant portion of the total revenue, ensuring long-term financial stability and growth potential.
This is the perfect opportunity for someone looking to own a successful, well-established accounting firm with a loyal client base and solid financials. Don't miss out-contact us today for more information and to discuss the next steps!
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