Long established practice with $220K Accounting fees and $130K Financial Planning recurring fees located in a CBD fringe location with good parking.
On the Accounting side there are a good spread of Small Business clients with 70% of the fees above $1,000. They are mainly in the $1000- $7000 range but with 1 larger client.
In Financial Planning the funds are fairly equally split between Investment, Super Accummulation phase, and Super Pension phase.
There are 2 FTE staff members with several years of experience. The Vendor is keen to stay on working for the practice on a part-time basis for a few years after he sells which will ensure good continuity of the client base.
The premises of 220sqm are owned by the Vendor and available for Lease or Sale. They offer good room for the practice to expand.