Accounting Practice
UNDER OFFER
Brisbane Inner West QLD

This is a long-standing and high-quality business services firm located within 5km of the Brisbane CBD, servicing a sought-after mix of SME clients and high-net-worth families.

Its inner-west location, combined with strong referral networks and effective SEO activity, continues to support consistent organic growth and ongoing client acquisition.

Practice Overview

For FY2025, the firm recorded:

• 627 lodgements, comprised of:
  • 309 individual (“I”) returns
  • 3 partnerships
  • 58 trusts
  • 77 companies
  • 34 super funds
  • 1 statutory audit
  • 50 quarterly BAS
  • 10 bookkeeping assignments
  • 85 corporate secretarial matters
• Average billing per lodgement: Just over $2,300
• 223 client groups serviced
• Average annual fee per group: Approximately $6,500

This represents an exceptional average fee level for a firm of this size.

Client Base & Revenue Profile

The firm has a highly attractive fee distribution, with strong representation in its mid-to-top tiers:

• 15% of income from fees between $5K – $10K
• 25% from fees between $10K – $20K
• 15% from $20K – $30K
• Just over 30% of income from annual fees in excess of $30K

The top 20 client groups generated just over 50% of total revenue.
The largest client (previously 9.4% of revenue) is no longer serviced and has been replaced by new clients, improving concentration risk.

All major clients are Brisbane based.
Primary contacts range in age from their mid-30s to mid-90s, with approximately 85% under 60 years of age.
Around two-thirds have been clients for over 10 years, indicating strong loyalty and stability.

Staffing & Operations

The practitioner is supported by a mix of onshore and offshore professional staff, providing flexibility and scalability.

Key operational metrics including charge rates, WIP, debtors and write-offs are either better than or in line with market benchmarks.

Technology Stack

The firm operates on a modern and efficient technology platform, including: Xero, XPM, FYI, BGL and Ignition.

This supports streamlined workflows and provides strong foundations for continued growth or integration.

Premises

• Approx. 100m² office space
• Current lease in place through to September 2027
• Retention of premises is considered desirable in the short term

Transition

The principal is currently semi-retiring and plans to transition out over 6–12 months, although this remains negotiable depending on buyer requirements and structure.

This presents a flexible opportunity suitable for:

• An expanding metro firm
• A practitioner seeking scale
• A group looking to strengthen Brisbane presence

E-mail broking@robknightsbroking.com.au to request a confidentiality agreement or phone (02) 9233 4333.

The completion of a confidentiality agreement is essential prior to the supply of any information.