This exceptional accounting and business advisory practice has conservatively estimated professional fees of $1.36m for FY23(E), with a normalized EBITDA of $288k, after market-salaries for two partners.

Over the last 30 years, the principal partners have built an extremely loyal client base, with the current practice running from an inner-city northern suburb of Melbourne. The business is ably supported by an equal-loyal, professional team of which most have been employed by the practice for 10+ years.

The practice provides tax advice and return preparation services, bookkeeping, business consulting and management accounting services.

The practice’s clients are primarily businesspeople, typically located in and around Melbourne. The clients represent a wide array of industries including bookkeeping services, commercial property, electrical contractors, food manufacturing, investors, legal, medical services, motor retailing, panel beating, petrol stations, plumbing, property development, and wholesalers to name a few.

The principals recognise 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.