A new leader is sought for this lower North Shore accounting firm with around $700K in fees.
Tax lodgements for 2013 number 478 and range across all types with an average lodgement size of $1,464. Revenue is mostly generated from company returns (39%), super funds (25%) in combination with I returns (23%), most of which are part of more significant entities.
The average client size is a healthy $8+K with a major proportion of revenue generated from clients with annual fees of $5K or greater. The top 20% client groups contribute approximately 55% of fees for the 2013 FY with the largest client generating income of around $86K excl GST.
Senior personnel have excellent working relationships with the clients and would be a significant asset as part of the transition process and beyond. Whilst the premises are currently leased on a month to month basis, ideally the purchaser will retain the firm in its current location for at least the short-term.
Genuine purchasers who are positioned and ready to buy a solid practice now with the skills and desire to proactively manage the transition of the client relationships are invited to express their interest.
E-mail practicesales@robknights.com.au to request a confidentiality agreement or phone (02) 9233 4333.
The completion of a confidentiality agreement is essential prior to the supply of any information.
