About the Business

An opportunity is available to acquire a high-quality parcel of accounting fees in the Northern Beaches, generating $180,000 in annual revenue. This is an excellent opportunity for a local accountant looking to expand their practice with long-term, high-quality clients, primarily small businesses, and very few standalone ITRs.

Clients are on retainer or direct debit, ensuring a stable and predictable revenue stream. The practice operates on Xero, allowing for a seamless transition for an acquirer already using the platform. Offshore support staff are available if required, providing additional flexibility in managing workloads post-settlement.

The current owner is relocating overseas, making a timely transaction essential. Settlement must be completed by the middle of June, and buyers must have funding in place to ensure a smooth acquisition process. This opportunity is best suited for a proactive accountant in the local area who can act decisively and follow through with settlement within the required timeframe.