NSW Sydney Opportunity

This exceptional accounting practice generated $2.37m in professional fees in FY24 and delivered an EBITDA (normalised) of $1.12m, after a market remuneration for the principal of $200k.

Established in 1994, within the inner west of Sydney, and specialising in real estate agency and strata plan businesses, the practice has seen consistent growth over the last three decades.

The client base comprises of 1,079 entities including 690 Companies and 60 SMSFs with services including: accounting, tax, compliance, audit and business advisory reflecting a dedication to comprehensive financial support. Within its specialist services, the practice services 450 real estate agencies and 38 strata plans, and collectively generating 37% of practice revenues.

The practice’s clients are primarily businesspeople, typically located around metropolitan Sydney. The clients represent a wide array of industries including architecture, construction, crane hire, electrical and air conditioning, legal, retailers, pharmacy, property development, real estate, recruitment, strata management and technology 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.