Long established accounting  practice at the Southern end of the Coast with business clients through to $20,000 in fee size.   Need to take over the existing premises to ensure a good transition of the clients.   Vendor wants to sell to an individual or a small firm.

Great opportunity to acquire a good quality base of $400K in fees with $130K in the $10K-$20K range and only $40K below $1K in client fees and a good number of SMSFs.    The practitioner is selling to retire but will stay on working with the purchaser for 1-2yrs on a part-time basis. 

The ideal purchaser for the Vendor is an individual Accountant or a small firm as this is the environment that the clients are accustomed to.  It is imperative that the practice remain in the existing premises to enable a solid handover of the clients but the practice could be safely relocated in the same area after 12-18mths.    The client relationships are all held by the practitioner and there is no one within the team who could step up to take over these relationships.