Perth, Western Australia 6000

Corporate Advisory & Accounting Practice Fees circa $2m

For Sale | + $2,000,000

Accounting

The Practice is an independent corporate advisory and accounting practice specialising in assisting small to medium market capitalised ASX listed companies with Company Secretarial, Accounting and Governance Advice, with annual fees of Circa $2,000,000 per annum. It does not undertake taxation work for its clients, rather the Practice works alongside taxation accountants and other advisors as needed. Equity participation in clients and in IPO's is also possible.

The following core services are provided:
• CFO services
• Company Secretarial services
• Accounting & Administration
• Corporate Governance Support
• Fundraising/IPO Support
• Mergers & Acquisitions Support
• ASX & ASIC Liaison
• ASX, AIM, TSE and JSE Experience
• Registered Office/Branch Directorship Services

The Practice has a range of clients in mining and mineral exploration, biotechnology and Government Trading Enterprise industries and there are written agreements in place. A large number of clients have been with the Practice for over 10 years, with the geographical location of the client base being mostly Perth CBD, West Perth and Subiaco.

There are a number of staff who are very experienced in their fields, which is considered to be a significant asset of the Practice. Due to the nature of the Practice and the personal relationships involved, the Principals are prepared to continue to work in the Practice for at least 6 to 12 months to ensure a smooth transition, and would consider ongoing consulting roles in the right environment and should the Buyer desire.

The business has developed many contacts over the years and has developed a strong network. This includes many companies within the mining industry including their respective senior employees and related advisors such as Lawyers, Stockbrokers, Corporate Advisors and Accountants. These contacts form the basis of the activities of the Practice and would be transitioned to the Buyer as part of the sale and handover.

The Sellers believe that the Practice could be relocated to the Buyer's premises, although it would be advantageous to be close to the CBD to enable easy commute to clients.

This is an excellent opportunity to acquire a long-established Corporate Advisory & Accounting Practice specialising in corporate services to small and medium sized ASX listed companies. This opportunity could suit a business which already deals with similar clients, or perhaps an Accounting Practice or suitably experienced accountants wishing to enter into this field.

Due to the confidential nature of this transaction, further information will only be provided to parties which have been approved by the Vendor.


For more information and a Confidentiality Agreement, please contact:

David Screaigh 0409 113 814
Email david.s@businessbrokersnetwork.com.au

Catherine Jones 0409 104 655
Email catherine.j@businessbrokersnetwork.com.au

Share



Marketing By


Catherine Jones

Business Brokers Network

Overview

This Accounting Business is one of 42 businesses for sale in Central Western WA, Western Australia, and one of 2 Accounting Businesses in this region that a business for sale currently has on offer. This Accounting Business is for sale in Central Western WA for the asking price of + $2,000,000 and has been on market for less than 3 months.