Opportunity to acquire a quality long established Northern Rivers practice of $1.2m gross fees. The Senior Partner is retiring and the younger Partner will continue in equity with the purchaser so stability for the client base is guaranteed.
Purchaser will need to replace the manpower of the retiring Partner but will take over a strong practice with a good spread of Small Business clients and 150 SMSFs. Practice has a number of medical clients and building industry clients.
Staff profile is very stable with the main staff members all having been with the practice for 9 or more years. Practice is growing each year at rates of 11 - 16% and the region is growing as more and more people are attracted to the Northern NSW lifestyle on the coastline.