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WA - Southern Region

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WA Opportunity

WA - Southern Region

Tech. Savvy | Client Focused | Profitable

- Accounting | Tax | Compliance | Advisory

- Professional Fees 20/21: $2.1m | Normalised EBIT 20/21: $757k

- Clients: 910

- Directors: 3 (PT)

- FTE: 11.5 (Inc. 2 F/T Directors)

- Late 80's history


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The business commenced in July 2016 as a result of the merger of two pre-existing practices. With Directors commitment to a new strategic direction, the business underwent a significant transformation. Over the last five years, the business has progressed to become 100% cloud-based, with an unwavering commitment to market-leading technologies across the business. The introduction of greater autonomy and mobility across the business enabled key staff to work from either home or office as required (all pre-Covid-19).

Timesheets are a thing of the past with the adoption of fixed price agreements. The firm no longer measures the value of their team or clients by units of time. There has been a significant investment in staff training and development, with a team commitment to go above and beyond for valued clients, ensuring strong and enduring client relationships.

Today, the Directors have a thriving, cloud-based business with motivated, tech-savvy professionals who can very easily adapt to the changing environment and are ready to take advantage of future opportunities.

The business currently employees 18 staff (FTE: 11.5 including 2 Directors and 9.5 staff). During FY21, the business delivered a profit (normalised EBITDA) of $757k (after Director’s market salary) from $2.1m turnover.

Through the practice transformation, the business has enjoyed strong upward financial trends, with continuous growth of both top-line revenues and bottom-line profits.

The practice primarily services small to medium businesses across a wide variety of industries including primary producers, local retailers, tourist operators and everything in between. The practice services companies, partnerships and trusts, SMSF and individuals with a significant number of premium, quality clients that have been with the practice for many years, receiving ongoing high-quality advice.

The Directors recognise that now is the right time to pass the baton; to see a new ownership group take over the business and continue the superior servicing of its valued clients.

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