Accounting Firm
SOLD
North West Regional WA

This is a well-established regional accounting firm based in a sought-after coastal centre in North West Western Australia, servicing a diverse mix of SME and family enterprise clients across both regional and metropolitan locations.

Located approximately four hours north of Perth, the practice represents a strong bolt-on opportunity for a Perth-based firm seeking regional expansion, or a secondary office for an existing regional operator.

Practice Overview

For FY2024, the firm recorded:

• 731 tax lodgements, comprised of:
  • 543 individual (“I”) returns
  • 26 partnerships
  • 71 trusts
  • 60 companies
  • 31 superannuation funds
• Average value per lodgement: Just under $1,000
• Estimated FY2026 fees: Approximately $850,000

The firm has onboarded a strong number of new clients over the past 18 months, driven by improved online and social media presence, alongside continued word-of-mouth referrals – which remain its strongest source of new business.

Client Base & Revenue Profile

The firm services a broad SME client base across multiple industries and geographic locations.

• A healthy proportion of revenue is derived from annual fees in the $2K – $5K, $5K – $10K and $10K – $20K ranges

The top 20 client groups contribute almost 35% of total revenue, with the largest client representing just 3.2% – reflecting a low concentration risk profile.

Just over half of these key clients are based locally, with approximately a quarter located in Perth, further aligning this opportunity with metropolitan buyers seeking a regional hub.

Primary contact ages range from early 30s to late 60s, with the majority under 60 years of age.
Approximately 50% of the major client groups have been serviced for over 10 years, demonstrating long-term stability and loyalty.

Staffing & Operations

The firm is supported by a loyal and experienced team, though current growth has been constrained by the ongoing difficulty of sourcing suitable new staff – a challenge that could be directly addressed by a larger incoming firm or buyer with recruitment capacity.

WIP and debtor levels are considered to be in line with standard market benchmarks.

Technology Stack

The firm primarily operates on: MYOB Accountants Office, Microsoft Office suit and a cloud-based server environment.

The practice operates in a largely paperless environment, supporting efficiency and ease of integration.

Premises

• Office lease with approximately 2 years remaining
• Ideally suited for takeover by the incoming purchaser

Transition

The current leadership is available to support client relationship transition for up to 12 months, before relocating out of the region.

This represents a compelling opportunity for:

• A Perth-based firm seeking regional expansion
• An existing regional firm seeking consolidation
• A buyer looking to establish a secondary WA hub

The completion of a Confidentiality Agreement (CA) is required before we can release any further information.

You can download the CA using the link below and return it to us at broking@robknightsbroking.com.au.

If you prefer to speak with us directly, please call (02) 9233 4333.

Once your completed CA has been received, you’re welcome to contact us or submit an enquiry using the options below.