This high-quality accounting and tax practice will generate $1.3m in professional fees (FY23E) and produce a normalized EBITDA (FY23E) of $466k after a market salary of $193k for the principal.
Over the last 39 years, the principal has built a loyal client base, with the practice’s history running for 56 years in Sydney’s inner west. The business is supported by a quality, professional team.

In 1984 the principal joined the practice which had been running for 15 years, and then, in 1986 the principal bought the business outright. The practice has continued to grow and attract A-grade clients, whereby today, the practice services approximately 450 high-quality client groups.

The practice provides tax advice and return preparation services, accounting and business administration services, general business planning and structuring advice.

The practice’s clients are primarily businesspeople, typically located in Sydney. The clients represent a wide array of industries including: air-conditioning, antiques, architect, concreting, construction, glassier, investment, IT, medical, plastering, property, restaurants, strata management, solicitors and traffic management.

The principal recognizes that now is the time to pass the baton; to see a new practitioner / new firm take over the running of the business and continue the superior servicing of its valued clients.