Accounting practice for sale, Sunshine Coast QLD

About the business

This is an accounting practice on the Sunshine Coast in Queensland, and the sale covers up to 100% of it. Fees have grown from new client referrals, and most of the long-term client base are Xero business clients. Billing is regular and upfront. Two owners run the practice, supported by a team. The practice can be relocated and has a short term lease. One of the two principals is moving to retirement, while the other plans to continue long term, potentially with equity. The practice could suit either an established firm or an individual. The broker reports that regular and upfront billing keeps debtors and WIP low. The broker reports that the practice is contemporary and well managed with consistently strong profitability, and that the team is dedicated and reliable with good client relationships. The broker reports further scope in vCFO, bookkeeping and restructuring.