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QLD - Gold Coast

Under Offers

Accounting

Gold Coast Opportunity

QLD - Gold Coast

Professional | Experienced | Quality

- Accounting | Tax | Business Advisory | Bookkeeping

- Professional Fees 22/23: $1.1m

- Clients: 326

- Sole practitioner

- FTE: 4

- 15-year history

39

Page Information Memorandum 

QLD2356

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This exceptional accounting and business advisory practice generated $1.114m in professional fees for FY23 and delivering a normalised EBITDA of $330k after a market-salary of $160k +SGC for the principal.

In 2007 the principal acquired the practice, a firm that serviced all industries and sectors. In 2010 a decision was made to market solely to the medical profession, as they were identified as financially immune to future downturns in the economy. This has been the focus for 13 years and has proven successful.

The principal has built a quality business with an extremely loyal client base, who receive advice in all aspects of their business life. There is a strong, trusted relationship developed with all clients that has ensured longevity with the business over the years.

The practice’s clients are primarily businesspeople, typically located in and around Queensland, with a small selection of clients located interstate. The clients represent an array of industries including construction, manufacturing, and car wash services, but with the heaviest bias towards the medical profession.

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.

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