Central North Island
DESIGNATION: CA Firm
LOCATION: Central North Island
STATUS: For Sale
LISTING ID: MF2026
ASKING: $1,750,000 +
ANNUAL GROSS: $1,750,000
REASON FOR SELLING: Retirement
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ABOUT THIS PRACTICE
Established, Systemised Accounting Practice with Strong Recurring Revenue
This well-established accounting practice offers a stable and diversified client base supported by experienced staff and modern systems. Revenue is primarily compliance-driven, providing predictable, recurring income, with clear opportunities to expand advisory and value-added services.
The firm services over 500 client groups across a broad mix of entities, including trading companies, trusts, individuals, partnerships and specialist entities. There is no material client concentration risk, and client retention has remained consistently strong over many years. Average fees are modest, providing upside through repricing, advisory overlays and service bundling.
Operations are highly systemised, utilising a modern cloud-based tech stack across accounting, tax, workflow, document management and reporting. The firm operates without reliance on on-premise servers, enabling flexibility and scalability for a new owner.
Day-to-day delivery is largely staff-managed, with a long-tenured team that maintains strong client relationships. The business demonstrates the ability to operate effectively with limited owner presence, making it suitable for both hands-on and semi-absentee buyers. Vendor support is available to ensure continuity and protect goodwill during transition.
Financial performance shows stable revenue, healthy gross margins and consistent profitability, underpinned by disciplined cost control and low bad debt history. The practice represents an ideal platform for a growth-focused acquirer seeking a reliable earnings base with genuine upside through advisory expansion, efficiency gains and selective outsourcing.
Ideal Buyer:
This opportunity is ideally suited to an established accounting firm seeking to expand through acquisition, a multi-partner or second-tier practice looking for a high-quality bolt-on, or a senior manager or partner ready to step into ownership. With a stable, recurring revenue base, experienced staff managing day-to-day client relationships, and modern cloud-based systems in place, the firm offers low execution risk for an acquirer. It will also appeal to growth-oriented buyers looking to introduce advisory services, optimise pricing, or leverage outsourcing to enhance margins, as well as buyers seeking flexibility and a well-structured practice supported by vendor transition assistance.