This is an exceptional opportunity and a very rare find for any practice or practitioner seeking a small client base to top up an existing practice.
With fees of around $200K for 2015, this is a traditional, long-standing firm that provides compliance services to individuals as well as SMEs. 250 returns were lodged for 2014, with revenue predominately contributed by I (36%) and SMSF (31%) returns. Average tax lodgement size is around $1K. The average client size is around $2.6K per annum with only 102 client groups. The top 20% client groups contributed approximately 59% of fees for the 2014 FY with the largest client generating income of around $22K.
There is no current lease and the fees would be relocatable to most suburbs within the south-east Melbourne corridor.
The retiring vendor is available to assist with the transition for up to a six month period on a part-time basis.
The ideal purchaser will be a CA/CPA firm with 2 – 6 partners who currently performs SMSF compliance and audits in-house and has an excellent focus on client service. If this describes your firm, we look forward to hearing from you.
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.
