This tax compliance practice has been in operation for many years and the client base is made up of a large I return base and a solid spread of Small Business clients through to $5,000 and a few larger clients. The Gross Fees are $525K. There is potential to offer Financial Planning services.
The practice is located in an industrial area and many of the I return clients work nearby while others are tradesmen or small business operators in the surrounding suburbs. The premises are owned by the Vendor and he will require a Lease from the Purchaser.
There is a stable team of staff who would continue with the Purchaser. The Vendor is selling as he has other business interests and no longer wishes to continue in public practice.