Retiring Accountant - Accountancy Practices for sale

Accountancy Practices for Sale

Current turn over circa: £950,000

Offers over: £1,020,000

Established: 30 to 35 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 10 to 20

Locations: Cambridgeshire

Locations: Peterborough

Additional Notes: • High-Value Client Base: The firm serves primarily limited companies, with a strong average fee of over £1,600. The client demographic is aged between 45-50, illustrating the quality and retention of the clientele you will inherit.

• Experienced Staff: The team has cultivated long-standing relationships with clients, ensuring seamless continuity and ongoing success. Their dedication will help maintain strong client retention and create a smooth transition for the new owner.

• Flexible Transition: The current principal is committed to offering a warm and adaptable handover process tailored to meet your needs. This handover will ensure you are fully supported as you take over the reins.

Buyer Requirements:
To ensure the right fit and maintain this firm’s quality of service, our client has set the following minimum criteria for interested buyers:

• Chartered Practice
• Turnover Requirement: Minimum £1,500,000 annual turnover.
• Proof of Financial Capacity: Verification of funds or financing required to support the offer amount.

For more information please call 01765 698 699 and quote the reference number 22822

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Current turn over circa: £320,000

Offers over: £320,000

Established: 15 to 20 years

Gross Recurring Revenue: 300-500k

Number of staff: 1 to 3

Additional Notes: • High-Value Client Base: The firm serves primarily limited companies, with a strong average fee of over £1,700. The client demographic is aged between 45-50, illustrating the quality and retention of the clientele you will inherit.

• Experienced Staff: The team has cultivated long-standing relationships with clients, ensuring seamless continuity and ongoing success. Their dedication will help maintain strong client retention and create a smooth transition for the new owner.

• Flexible Transition: The current principal is committed to offering a warm and adaptable handover process tailored to meet your needs. This handover will ensure you are fully supported as you take over the reins.

Buyer Requirements:
To ensure the right fit and maintain this firm’s quality of service, our client has set the following minimum criteria for interested buyers:

• Turnover Requirement: Minimum £500,000 annual turnover.

• Proof of Financial Capacity: Verification of funds or financing required to support the offer amount.

For more information please call 01765 698 699 and quote the reference number 31649

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Current turn over circa: £250,000

Offers over: £250,000

Established: 15 to 20 years

Gross Recurring Revenue: 200-300k

Number of staff: 1 to 3

Additional Notes:
- N/A

For more information please call 01765 698 699 and quote the reference number 31648

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Current turn over circa: £2,000,000

Offers over: £3,300,000

Established: More than 35 years

Gross Recurring Revenue: 1-2m

Number of staff: 10 to 20

Additional Notes:
- My client is a well established practice coming to the market with a view to finding a friendly and professional firm that can offer clients additional services to further develop their businesses

- Adjusted EBITDA in excess of 35% giving you a strong return on your investment

- Principal happy to offer a warm handover period and stay on in a further consultancy role for years to come, ensuring the best possible continuity going forward

- Excellent team in place that hold strong relationships with clients and take pride in offering a tailored, quality service that has contributed to continuous year on year growth and client retention

- Over 50% of clients paying monthly providing you with cashflow from day one

BUYER REQUIREMENTS:
- Must retain local presence
- Minimum of 50% upfront payment
- Proof of cash/funding for the offer amount
- Your own practice must be turning over £4,000,000 or more
- Acquisition experience is ideal but not a necessity

For more information please call 01765 698 699 and quote the reference number 31647

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Current turn over circa: £150,000

Offers over: £150,000

Established: 5 to 10 years

Gross Recurring Revenue: 100-150k

Number of staff: 1

Locations: West Midlands

Additional Notes:
- 27 claims with average fees of £5,700

- This is a specialist R&D practice with clients across the usual sectors including science, technology and fintech

- Making strong use of software including Iris and Practiceflow

- Ideally looking for consultancy arrangement for principal to continue working with buyer post sale

For more information please call 01765 698 699 and quote the reference number 31646

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Current turn over circa: £450,000

Offers over: £540,000

Established: 5 to 10 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: County Down

Additional Notes:
- Average fees of £1000-£2000 with low average client age demographic of 45-50

- Top 3 fees between £10,000 and £11,500

- This firm has a fantastic reputation in the local area receiving lots of word of mouth referrals with excellent growth potential

- This is mostly a compliance based firm with lots of potential to bolt in additional services and strengthen fees further

- Making strong use of software including Sage, Iris and more

- Full team of qualified and experienced staff in place ensuring continuity and strong retention

For more information please call 01765 698 699 and quote the reference number 31645

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Current turn over circa: £290,000

Offers over: £406,000

Established: 10 to 15 years

Gross Recurring Revenue: 200-300k

Number of staff: 0

Locations: West Midlands

Additional Notes:
- Almost entirely limited company clients with average fees of £1,500 and a low average client age demographic of 45-50

- Making strong use of software including Xero and Free Agent

- Majority of clients serviced remotely so you can benefit from synergy savings and low overheads

BUYER REQUIREMENTS
- Must be a tech driven firm with strong experience dealing with Xero and Free Agent
- Preferable to have acquired before
- Must be able to move forward quickly
- Looking for a share sale
- Turnover in excess of £500,000 and proof of funding available

For more information please call 01765 698 699 and quote the reference number 31610

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Current turn over circa: £370,000

Offers over: £445,000

Established: 15 to 20 years

Gross Recurring Revenue: 300-500k

Number of staff: 1 to 3

Locations: Lincolnshire

Additional Notes: Key Highlights of the Business:

• High-Value Client Base: The firm serves primarily limited companies, with a strong average fee of over £1,600. The client demographic is aged between 45-50, illustrating the quality and retention of the clientele you will inherit.

• Experienced Staff: The team has cultivated long-standing relationships with clients, ensuring seamless continuity and ongoing success. Their dedication will help maintain strong client retention and create a smooth transition for the new owner.

• Flexible Transition: The current principal is committed to offering a warm and adaptable handover process tailored to meet your needs. This handover will ensure you are fully supported as you take over the reins.

To ensure the right fit and maintain this firm’s quality of service, our client has set the following minimum criteria for interested buyers:

• Chartered Practice
• Turnover Requirement: Minimum £300,000 annual turnover.
• Proof of Financial Capacity: Verification of funds or financing required to support the offer amount.

For more information please call 01765 698 699 and quote the reference number 31643

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Current turn over circa: £100,000

Offers over: £90,000

Established: 20 to 25 years

Gross Recurring Revenue: 70-100k

Number of staff: 1

Locations: Herefordshire

Additional Notes:
- Majority limited companies with average fees of £650

- Clients across Gloucestershire, Herefordshire and the County Borough of Wales

- This is a traditional small practice, making some use of software with clients still dropping off paper records and further opportunity to streamline efficiencies further

- Making use of Quickbooks

For more information please call 01765 698 699 and quote the reference number 31641

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Current turn over circa: £220,000

Offers over: £240,000

Established: 20 to 25 years

Gross Recurring Revenue: 150-200k

Number of staff: 1

Locations: West Yorkshire

Additional Notes: Key Highlights of the Business:

• High-Value Client Base: The firm serves primarily limited companies, with a strong average fee of over £1,200. The client demographic is aged between 45-50, illustrating the quality and retention of the clientele you will inherit.

• Experienced Staff: The team has cultivated long-standing relationships with clients, ensuring seamless continuity and ongoing success. Their dedication will help maintain strong client retention and create a smooth transition for the new owner.

• Flexible Transition: The current principal is committed to offering a warm and adaptable handover process tailored to meet your needs. This handover will ensure you are fully supported as you take over the reins.

Buyer Requirements:

To ensure the right fit and maintain this firm’s quality of service, our client has set the following minimum criteria for interested buyers:

• Chartered Practice
• Turnover Requirement: Minimum £300,000 annual turnover.
• Proof of Financial Capacity: Verification of funds or financing required to support the offer amount.

For more information please call 01765 698 699 and quote the reference number 23151

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Embark on Your Next Chapter with Retiring Accountant: Your Leading Source for Accountancy Practices and Businesses for Sale

Introduction:

In the dynamic landscape of finance and business, the decision to buy or sell an accountancy practice is a pivotal moment. Whether you're a seasoned professional seeking new opportunities or a business owner looking to transition, Retiring Accountant is your trusted companion on this transformative journey. Led by the experienced Steve Hagues and backed by a dedicated team, we explore the world of accountancy practices for sale, connecting accountants with prospective buyers and sellers.

Expertise Matters:

At Retiring Accountant, Steve Hagues, the Founder, brings a wealth of expertise rooted in the successful sales of financial services businesses. While not an accountant himself, Steve has been a driving force behind countless seamless transitions in the financial sector, boasting 20+ years of invaluable experience. Leading our dedicated team of professionals, Steve ensures that Retiring Accountant remains a trusted advisor within the financial community. Together, their collective knowledge and strategic insights offer a unique perspective for those navigating the sale or purchase of accountancy practices.

Author Bio:

Meet Steve Hagues, the Founder of Retiring Accountant. With a robust history deeply rooted in the successful sales of financial services businesses, Steve brings unparalleled expertise to the table. His experience spans 20+ years, where he has been a guiding force in facilitating seamless transitions for professionals within the financial sector. Steve works closely with our dedicated team to ensure every client receives personalised attention and expert guidance, drawing upon his extensive knowledge of the sales landscape in the financial services industry.

Navigating the Market:

Explore our regularly updated listings on Retiring Accountant for a comprehensive view of available opportunities. Stay informed with the latest market trends, empowering you to make confident decisions aligned with your professional goals.

Building Trust:

Trust is the cornerstone of our platform. At Retiring Accountant, our dedicated team upholds the highest ethical standards, ensuring transparency and reliability throughout the process of buying or selling an accountancy practice. Partner with us to experience a platform committed to your success.

Client Success Stories:

Discover firsthand accounts from professionals like yourself who have seamlessly bought or sold their accountancy practices with the guidance of Steve Hagues and the dedicated Retiring Accountant team.