Practice Sold

Hawkesbury

Accounting Fees for Sale

PPN03854

An ideal opportunity for first time practitioner

An ideal opportunity for first time practitioner or for a firm seeking some quick additional growth.

This predominately tax and consulting firm is located within the Hawkesbury region of Sydney, approximately 50kms from the CBD, adjacent to the Blue Mountains and the Hills District.

Fees for the current 2014 year are expected to be around $400K, with some 700 odd returns lodged during FY 2013. I returns represent the greatest number of lodgements at 640, however company returns, numbering 70, also contribute significant revenue.

The largest client group as at May 2014 contributed around $39K, with the top 20 client groups representing around 26% of total revenue, most of whom are located in or near the Hawkesbury. Apart from the largest client, average annual fees then tend to taper down from around $7.5K.

Clients represent the trades, employee and business owners, professionals, companies as well as primary producers.

The retiring practitioner is available to work with/assist the purchaser for a period of three months following the transaction.

E-mail practicesales@robknights.com.au to request a confidentiality agreement or phone (02) 9233 4333.

The completion of a confidentiality agreement is essential prior to the supply of any information.