NSW - Northern Beaches, Sydney
For Sale
NSW2351
Accounting
NSW Sydney Opportunity
Friendly | Experienced | Quality
- Accounting | Tax | GST & BAS | Audit
- Professional Fees 23/24(E): $1.58m | EBITDA 23/24(E): $717k
- Client Entities: 196
- Sole practitioner
- FTE: 5
- 36-year history
38
Page Information Memorandum
This exceptional accounting and business advisory practice will generate $1.58m in professional fees in FY24(E) and deliver an EBITDA (normalised) of $717k, after a market remuneration for the principal of $200k. Established as a sole trader in 1988 within the northern beaches of Sydney, the practice has been a trusted provider of tailored financial solutions for over three decades. The principal brings forth over 40 years of experience to deliver unparalleled expertise in accounting and tax advice.
With a client base of approximately 196 individuals and businesses, the practice services encompass accounting, tax, compliance & audit, reflecting a dedication to comprehensive financial support. The practice provides tax advice and return preparation services, business administration services, general business and structuring advice, auditing services and CFO/back-office services.
The practice’s clients are primarily businesspeople, typically located around metropolitan Sydney. The clients represent a wide array of industries including manufacturing, IT, investors, building services, real estate agents, auto repairs and not for profit organisations to name a few.
The principal recognises 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.