Sold

Accounting Practice
(location not disclosed)

• Ref: 71679
• Price: (POA)
• Turnover: $1,330,000

A very profitable Gold Coast Practice deriving $1.33M from just 444 client groups. The practice focuses on servicing small to medium sized business groups. The practice is currently experiencing strong consistent growth, recording increases of 9% and 11% respectively in accounting fees in the 2008 & 2009 financial years.

The practice may well suit a practice located in the Southern Brisbane area that is seeking to establish a Gold Coast office, as approximately 50% of the work is Gold Coast related with the remainder being predominantly Brisbane related work. A comprehensive transitional support program is to be offered with the acquisition.