Profitable Accounting Practice – Rockhampton, QLD
FY25 Projected Revenue $400K+
Business Sale Price:
$305,000
Business ID: XB160727
Location: QLD Other Metropolitan
Type: Professional Services
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Profitable Accounting Practice – Rockhampton, QLD
This well-established accounting and financial services business, located in the heart of Rockhampton, has been thriving since its inception in 2001. Catering to a diverse clientele, including individual clients, small businesses, agricultural operations, mining subcontractors, and community associations, it offers a wide range of essential services such as tax return preparation, BAS preparation, bookkeeping, and SMSF audits (via external partners).
Under the ownership of a seasoned professional since 2015, the business has become a trusted name in its sector, maintaining a client base of over 790 clients and consistently achieving remarkable growth. The business operates efficiently with accounting software systems (MYOB, Xero, and others) and a small support team. Its strategic position within the mining and agriculture industries continues to drive its success, creating an excellent opportunity for a new owner.
List of Benefits and Features:
- Established 23-year reputation with loyal client base.
- FY25 projected turnover exceeding $400,000.
- Serves over 790 clients, with significant growth from referrals.
- Advanced systems in place for document and time management.
- Diverse income streams: agriculture, mining, small businesses, and community groups.
- Potential for growth through increased billing efficiency and expanded services.
- Fully supported handover and training by the current owner.
- Owner is willing to stay as an employee for a long period of time.
Terms of Settlement:
- Training provided to ensure a smooth transition.
- Access to all software systems and client databases included.
- Vendor is open to staying on in a remunerated advisory role ($120K + Super).
This is a rare opportunity for an investor or industry professional to acquire a thriving, reputable accounting business with substantial growth potential in a high-demand market.
Asking Price:$305,000
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