CPA Practice - $1.05M FY26 Fees, Fully Managed, 35-Year Standing
A 35-year CPA practice on the NSW South Coast, FY26 closed at $1.05M in professional fees with positive NPBT
Key Highlights:
• FY26 professional fees $1.05M, positive NPBT.
• Fully managed. The Managing Director, 20 years' tenure, runs the practice day to day and is confirmed to continue with the team.
• Top 10 clients 15% of FY26 fees. Largest client ~3%.
• Client base across agribusiness, pastoral, forestry, professional services, and SMSF retirees.
• Fee mix, per management and subject to confirmation: annual compliance and financials ~60%, BAS/IAS ~17%, SMSF administration and tax ~8%.
• One of two full-service CPA practices in the region - limited competing supply against a growing coastal demographic.
Growth Potential
The practice was progressively wound back in line with the previous principal's stage of life - the practice averaged $1.6M+ across FY22-24 and today's $1.05M is that smaller footprint running profitably under the Managing Director.
With a billing principal, a purchaser who bills, or recruits, steps straight into that headroom. Audit reinstatement, financial advisory expansion and fee review sit behind it - details in the Information Memorandum.
The practice is offered by the founder's estate. The Managing Director and team continue - nothing changes for clients on day one.
Suits a billing CPA stepping into an established book, a regional practice seeking scale, or a succession buyer.
Guide price $1,200,000.
Asset sale, going concern. Expressions of Interest invited.