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Accounting Practice
(location not disclosed)

• Ref: 37892
• Price: (POA)
• Turnover: $300,000

Quality Chartered practice located in Northern Districts of Sydney with a good mix of clients. Gross revenue for 2006 was $283,000; with expected revenue for 2007 to be $300K+.

Revenue split as follows: about 25% for accounting/BAS services, about 34% for business and personal tax services, about 39% for audit services, and the balance of fees for other services. Audit clients have been long-term and are predominantly not for profit organisation, SMSF and non-listed entities. Firm does not seek additional audit clients. The audit business of this firm could be increased if new owner desires to do so.