Accounting practice for sale, Queensland QLD

About the business

This is an accounting and financial planning practice in Queensland, and it is not located in Brisbane or the Gold Coast. The practice has traded for over forty years and earns fees from both accounting and financial planning. Lock-up days on work in progress and debtors stand at 23. The two major owners hold 100% of the accounting practice and 76% of the financial planning practice, and they are looking to sell to a larger firm for succession planning. The broker reports that the client base is diverse with no material concentration risk, and that the team is experienced, keeps direct client relationships and works in a positive culture. The broker reports a strong reputation built on deep client relationships, timely work, proactive tax planning and integrated financial planning, with consistent growth driven by referrals. The broker reports scope to grow by converting more referrals, expanding business advisory and financial planning, and streamlining operations with remote support.