QLD - Southern Brisbane

Accounting

Under Offers

QLD2234

Southern Brisbane Opportunity

Quality | Experienced | Focused

QLD - Southern Brisbane

- Accounting | Tax | Compliance | Advisory

- EBITDA: $547k

- Client Groups: 269

- Sole practitioner

- FTE: 8.3

- 27-year history

Page Information Memorandum 

38

This practice is an exceptional accounting and advisory firm that has forged a quality reputation over 27 years. From humble beginnings in 1994, the practice has grown steadily, to today employing 10 staff (FTE 8.3), with revenues of $1.93m FY22(F). This very well managed business, will generate a normalised EBITDA of $547k FY22(F) after market salary of $185k + SGC to the principal.

The practice services a combination of business clients (companies, partnerships and trusts), SMSFs and individuals with a significant number of premium quality clients that have been with the practice for many years, receiving a range of professional services.

The owner has built the business with a dedicated team who help drive high service standards and ensure clients always have access to professional staff.

Key features of the practice include:
- High quality business clients, diversified across a wide array of industries with minimal concentration across any one client.
- The team is represented with a good blend of experience and youth with an average staff age of 39.
- Significant investment in technology with the practice 95% cloud-based.
- Integrated services across accounting, tax, advisory, bookkeeping and wealth.
- Practice management: Very well-run practice across all areas.
- Office facilities: New, modern, professional environment.

With many opportunities for growth within the practice, now is the right time for the practice to change hands, to see a new generation take-over the running of the practice and continue the superior servicing of its valued clients.

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