SOLD! Profitable Accounting Practice – Rockhampton, QLD

Business ID: XB160727

FY25 Projected Revenue $400K+

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

Property Code: 4177