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Established for 39 years with a very large customer base.
Accountancy firm for sale in Brisbane QLD - Gross revenue $307, 000 P.A
* Large customer base approx 72% Individuals
* Highly profitable accountancy practice.
* Company, Business & personal clients.
Accountancy firm located in Brisbane QLD - Gross revenue $406 000 P.A
* Single equity holder.
* Business established for 17 years.
* Diverse range of clients ranging from companies, business & personal.
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* Customer base can be purchased separately
* Full Service Accounting and Tax Practice
* Year on Year Growth on Number of Clients & Revenue Sales
* Great opportunity to expand an existing practice
* Strong client database
* Solid foundation for initial business.
* Buyer Looking to Purchase Accountancy Practice
* Ideally looking for a practice with a Fee Income Revenue between 250-300 k
* With a client base that has predominately business clients.
* Clients located mainly in the Brisbane region
* Buyer looking to purchase now
* Funds in place & no finance needed
* Client Base $200 000 - $300 000 Recurring Fee/Trail Revenue
* Client Base Investment & Risk Predominantly Investment though.
* Ideally 50-80 Clients.
Buyer Looking to purchase Financial Planning practice immediately
* Ideally $500 K - $700 K P.A Fee Income Revenue
* With a client Base that has a good mix of client fees i.e business, trusts, partnerships, sole traders, SMSF, & individuals
* Clients to be predominantly geographically located in the Brisbane Metropolitan area
Buyer looking to purchase now
Funds in place, no finance needed
Financial Planning- Buyer looking to purchase Financial Planning Practice* Small book of clients 60 K - 80 K P.A Recurring Fee/Trail Revenue
* Client Base Investment & Risk
* Ideally 90-120 Clients
* Funds are in place to purchase. Cash Purchase.
Financial Planning - Buyer Looking to purchase Financial Planning Practice
* Client Base $90 K - 110 K P.A Recurring Fee Revenue
* Investment only preferred
* Client base needs to be very neat & tidy
* Ideally Number of clients 50-70
Gold Coast Financial planning & accountancy practice looking to purchase an Accountancy practice
* Ideally looking for $300 K - $400 K P.A Fee Income Revenue
* With a client base that has a good mix of clients i.e Individuals, Business, trusts SMSF, Partnerships, Sole Traders.
* Would prefer at least 15% if clients that are individuals
One of the most frequently asked questions by financial planners & financial planning practice owners for buying or selling a practice is –
“Will business valuations reduce over time”
The reason for this question is mainly due to the impact of the FOFA reforms, My Super, the increased education standards that will need to be met, potential changes to the grandfathering rules & changes to the life insurance industry & remuneration in risk business.
Will this have an effect on business values in the future?
As it is a very difficult question to answer, I can provide you with my personal opinion which is I believe is no, my opinion is that business valuations & business sale prices will remain steady, particularly over the next 12 – 24 months, looking further ahead however it would be difficult to offer an insightful opinion with any real certainty.
In recent years business valuations & business sales values have fallen as a result of FOFA & more recent life insurance reforms. However we believe with these changes that have already occurred & changes that are about to occur in the future, the majority of buyers out there are already reasonably well educated & capable to absorb these changes.
Whilst there have been several changes in the industry in recent years & further changes to come, we believe the financial planning industry as a whole is a valuable and necessary part of the foreseeable future.
Last calender year 2017 & for early 2018 was defiantly a period of increased transaction activity for business sales compared to years 2016,2015 & 2014.
We expect this to continue & will be a reasonable level of activity in business sales in the remaining part of 2018 & for 2019.
A financial planning practice is generally a very valuable asset for most practice owners, yet most of these owners do not know the true value of their business and do not prepare the business to optimize the value of this asset.
Being underprepared, or having the lack of knowledge in selling a business most often equates to poor results.
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