Under Offer! Greater Melbourne Bookkeeping Fee Parcel for Sale – VIC

Business ID: XB160241

FY2024 Gross Fees of $94,500+

This greater Melbourne Bookkeeping Practice with a long trading history is offering its portfolio of clients for sale. Due to health-related issues, the Principal has made the difficult decision to place this fee parcel on the market.

   -  Main services include BAS & Bookkeeping, payroll, IAS and Super.

   -  Principal working up to 35 hours per week  

   -  The gross fees invoiced for FY2024 was over $94,500 (excluding GST) from a total of 19 clients (which has decreased).

   -  Fees were generated from business clients from broad range of industries

   -  The accounting software used by clients is Xero, QBO and MYOB

   -  Operating from a home-based office (relocation is required).

   -  Potential to improve revenue and profitability.

   -  80% upfront with 20% retention for 2-3 months

If you’re keen to expand quickly, and can transact this swiftly, then the Principal is also keen to be available for a smooth but timely transition.

The portfolio will be suitable for a qualified accounting/bookkeeping professional (registered Tax Agent) or as a “Bolt-on” to an accounting/bookkeeping practice with experience in servicing small to medium-sized businesses.

Asking Price: $75,000

Property Code: 4223