Accountancy Practices for Sale In London & South East

Current turn over circa: £360,000

Offers over: £429,000

Established: 25 to 30 years

Gross Recurring Revenue: 300-500k

Number of staff: 3 to 5

Locations: Suffolk

Locations: Ipswich

Additional Notes: Suffolk based chartered sole practitioner looking to retire and find a home for his clients.

The client base boasts a maintainable EBITDA of 45% total turnover and comprises of;

Circa 500 clients (130 LTD's / 90 Sole traders / 25 Partnerships / 100 Payroll and tax returns)

Average client age of 45/50 showing a great potential for return on investment

Avg LTD fee of £750, Avg Sole trader fee of £450, Avg Partnership fee of £500, avg Payroll fee of £500, Avg tax return fee of £125 - The practice also has a number of long standing clients on fees up to £17,000 pa

A team of 4 fully qualified (FCCA/ACCA) members of staff including an office manager that handles the day to day running of the practice.

For more information please call 01765 698 699 and quote the reference number 30739

Current turn over circa: £625,000

Offers over: £781,250

Established: 25 to 30 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 5 to 10

Locations: Greater London

Locations: London

Additional Notes: North London based practice boasting 45% Maintainable EBITDA is offered for the first time by 2 partners looking to exit within the next two years.

The practice comprises briefly;

Circa 350 clients (150 LTD's/100 sole traders/ 50 Partnerships)

High average client fees - £2500 LTD / £1800 Sole Trader / £2500 Partnership on average.

Average client age of 45/50 providing great return on investment capabilities

Hands on principle, committed to a smooth handover.

Currently moving to a new premises with a two year lease

The practice has continued to grow on a yearly basis without any active online marketing, the retiring principle believes there is scope for further improvement and profitability within the practice.

The buyer will ideally be able to show a commendable track record of client retention in previous accountancy acquisitions whilst also ideally being ACCA/ACA/ICAEW qualified.

For more information please call 01765 698 699 and quote the reference number 30738

Current turn over circa: £25,000

Offers over: £27,500

Established: 3 to 5 years

Gross Recurring Revenue: <30k

Number of staff: 0

Locations: Oxfordshire

Additional Notes:
- My client comes to the market with a view to finding a modern, technology focused practice to look after current client relationships and develop further services

- The firm makes full use of online service packages including Xero, Taxfiler, Go proposal and more, meaning the clients can be serviced remotely from anywhere within Oxfordhsire and surrounding areas

- The top three clients bring in fees of over £14,000 demonstrating the quality of the client base and over 90% of the portfolio is on monthly direct debit adding to consistent healthy cash flow

- My client is happy to provide a warm handover to ensure a smooth transition for clients and due to the size of the business is able to move at your pace to suit your acquisition plans

For more information please call 01765 698 699 and quote the reference number 30735

Current turn over circa: £500,000

Offers over: £700,000

Established: 15 to 20 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: West Sussex

Additional Notes:

West Sussex boasting 40% maintainable EBITDA is offered for the first time by a principal looking to make their exit within the next 2 years.

The practice comprises briefly;

Full quorate of qualified, experienced, long standing staff essential to the production of client work and integral to client relations.

Circa 400 clients focussed in West Sussex with fees up to £20,000 per annum.

Town centre premises with medium term lease transferable to buyer.

Hands on principal, commited to remain for up to 2 years to ensure a smotth handover of client relationships.

The buyer must be able to demonstrate an ability to take over a medium sized practice and have a commitment to retain the team and premises whilst also ideally ACCA / ACA qualified.

Although running an exisiting practice is preferred, new entrants with suitable experience considered.

Depending on value an upfront payment of over £300,000 will be required.

For more information please call 01765 698 699 and quote the reference number 30733

Current turn over circa: £500,000

Offers over: £600,000

Established: More than 35 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: Kent

Additional Notes:

Offered for sale for the first time and boasting managed wages of 35%, my client offers their practice as a going concern comprising;

- Established office with flexible lease
- Quorate of client facing and back office staff
- 500 clients (50% Ltd, 50% Sole Traders)
- Market Rate fee charging structure
- Structured principal exit strategy

You will enjoy purchasing a turnkey practice with fabulous opportunity for development and growth and principal looking to offer a full and thorough handover of relationships.

Your offer must be to purchase the shares of the business and recognise the importance of retaining a presence in the area. Ideally you will look to retain the staff and continue to recognise the local market and service expectations.

Offers will be considered above 1.2x GRF with a 50% deposit including clawback indemnity to suitable buyers.

For more information please call 01765 698 699 and quote the reference number 30712

Current turn over circa: £700,000

Offers over: £780,000

Established: 25 to 30 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 10 to 20

Locations: Greater London

Locations: London

Additional Notes: Retiring principle looking for succession to their well established and profitable practice in the next 12 months.

The practice briefly comprises;

1,100 clients;
200 Ltd Co's - Typical Fee £2500.00
200 Sole Traders - Typical Fee £600.00
700 Tax returns - Typical Fee £600.00
Young average client age of 45+
13 members of staff headed by 3 highly qualified managers.
(Tax/Bookkeeping/Accounting)
Fully Portable practice with staff working from home.
Circa £200,000 EBITDA

The acquirer will benefit from a flexible handover period with the retiring principle alongside flexible offer structures. Alongside a strong team of qualified staff with great relationships with long standing clients that have allowed for the 'decentralised' running of the practice.

Clients familiar with standard back office systems - Xero, QBO and CCH

For more information please call 01765 698 699 and quote the reference number 30703

Current turn over circa: £175,000

Offers over: £195,000

Established: 15 to 20 years

Gross Recurring Revenue: 150-200k

Number of staff: 3 to 5

Locations: Buckinghamshire

Locations: Buckingham

Additional Notes: Retiring principle looking for succession to his well established and profitable practice over the next 12 months.

A loyal and local portfolio of clients boasting a young average age, serviced from Buckinghamshire based office, available at £600 PCM if required (Flexible)

Circa 250 clients (inc 68 LTD companies / 157 Sole Traders) 65% of clients based within MK postcode.

Clients familiar with Xero Accounts software and remote access software available for staff home working if needed.

Acquirer will benefit from a flexible handover period with the retiring principle.

For more information please call 01765 698 699 and quote the reference number 30701

Current turn over circa: £100,000

Offers over: £120,000

Established: 10 to 15 years

Gross Recurring Revenue: 70-100k

Number of staff: 1 to 3

Locations: East Sussex

Additional Notes:

Offered for sale the practice briefly comprises;

Circa 200 clients across East Sussex including 50 Ltd Companies and Sole Traders With fees up to £10,000 per annum.

2 Staff with relationships with the clients and an ability to complete a large % of work.

Flexible Lease if required

Focus on profitable Bookkeeping and opportunity to expand the compliance advisory.

For more information please call 01765 698 699 and quote the reference number 30686

Current turn over circa: £220,000

Offers over: £286,000

Established: 15 to 20 years

Gross Recurring Revenue: 200-300k

Number of staff: 1 to 3

Additional Notes:
- My client comes to the market with a view to finding a professional firm who either has the capability to take on this specialist work or is looking to move into this sector

- This firm boast a well qualified team who have long term relationships with the client base and take pride in providing expert knowledge in their

- The principal is happy to provide a long and warm handover for as long as deemed necessary to ensure a smooth transition for both the clients and the staff

For more information please call 01765 698 699 and quote the reference number 30685

Current turn over circa: £1,000,000

Offers over: £1,100,000

Established: 20 to 25 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 5 to 10

Locations: Surrey

Locations: Twickenham

Additional Notes:

2 Principals with an eye on succession offer their established practice for sale with their succession planned over 2 years.

The practice briefly comprises;

500 Ltd Co's - Typical Fee £1500.00
500 Private Clients - Typical Fee - £400.00
5 Qualified Account Managers running portfolios alongside the principals.
Flexible Lease on premises - £40,000 per annum
Circa £300,000 EBITDA

The principals offer a flexible exit strategy and are responsible for the review of client work and business development.

For more information please call 01765 698 699 and quote the reference number 30682

Current turn over circa: £100,000

Offers over: £100,000

Established: 1 to 3 years

Gross Recurring Revenue: 70-100k

Number of staff: 1

Locations: Greater London

Locations: London

Additional Notes: -

For more information please call 01765 698 699 and quote the reference number 30670

Current turn over circa: £650,000

Offers over: £850,000

Established: 20 to 25 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 5 to 10

Locations: Greater London

Additional Notes:

Through succession my client is keen to explore interest in a phased purchase of their long established practice.

Benefitting from a hands on principal the practice, and their clients have enjoyed Tax Planning, Audit and Accountancy Advice for over 25 years and the principal offers their involvement for a further 2-3 years to assist a smooth novation.

Circa 600 clients, a mixture of Ltd Companies and Sole Traders managed by a loyal, qualified team across London and premises available upon request, the successful buyer must posses

Inhouse Audit License and CTA qualified
Ability to demonstrate finance ability up to £850,000
Have a track record of success in prior purchases or experience of client novation.

For more information please call 01765 698 699 and quote the reference number 30661

Current turn over circa: £160,000

Offers over: £180,000

Established: 20 to 25 years

Gross Recurring Revenue: 150-200k

Number of staff: 1 to 3

Locations: Surrey

Locations: Reigate

Additional Notes:

Ongoing, Local presence required for the succession of a flexible but not desperate principal looking for the continuation of their firm.

Briefly comprises;

50 Ltd Companies - Fees from £1,500 - £10,000
50 Sole Traders - Fees From £700 - £1,000

Long established with short term lease (£9,000) remaining and long term staff (£60,000 per annum)

Client facing principal offering a hands on/off handover to suit the buyer.

Sensible offers considered - 65% minimum up front payment and 18 months max payment schedule.

For more information please call 01765 698 699 and quote the reference number 30636

Current turn over circa: £275,000

Offers over: £300,000

Established: 25 to 30 years

Gross Recurring Revenue: 200-300k

Number of staff: 5 to 10

Locations: Greater London

Locations: London

Additional Notes:

- £275,000 Turnover
- £100,000 EBITDA
- Full staff retention expected
- North London Location required (or retain existing lease)

Strictly offers over £300,000 (50% Minimum Deposit)

Established for many years and now sadly for sale, the practice boasts a solid client base of 350 Mediterranean and Eastern Europe clients that have been loyal for many years and enjoy hands on service from 2 principals.

- 150 Ltd Co's with fees from £500 - £8000 per annum
- 150 Sole Traders - £700.00

There is a full complement of staff and the assistance of a principal to assist with the handover.

Idea buyer would have good experience with the CIS community and be familiar dealing with a cosmopolitan client base.

For more information please call 01765 698 699 and quote the reference number 30635

Current turn over circa: £175,000

Offers over: £200,000

Established: 3 to 5 years

Gross Recurring Revenue: 150-200k

Number of staff: 1 to 3

Locations: Greater London

Additional Notes:

Est. Income £175,000 - £200,000 - Average Fee Size of £180.00 per claim.

1000 clients nationally including Football, Rugby, Cricket and Coaches.

Opportunity to develop the practice further with compliance accounting and added value services.

Sale Price £175,000 - £250,000 with 50% Deposit.

Serious buyers only with experience of Tax Refund and digital marketing.

For more information please call 01765 698 699 and quote the reference number 30633

Current turn over circa: £40,000

Offers over: £45,000

Established: 15 to 20 years

Gross Recurring Revenue: 30-50k

Number of staff: 0

Locations: Norfolk

Additional Notes:

Buyer must already have a presence in the area or be close to Kings Lynn, Fakenham area.

Small portfolio of circa 20 Ltd Companies and a few sole traders that have been personally serviced by a qualified principal for many years and now looking to sell and reduce their work load.

Ideal bolt-on to an exisiting practice.

For more information please call 01765 698 699 and quote the reference number 30621

Current turn over circa: £170,000

Offers over: £180,000

Established: 20 to 25 years

Gross Recurring Revenue: 100-150k

Number of staff: 3 to 5

Locations: Kent

Additional Notes:

Established in SE London and requiring an acquirer committed to retaining the location and staff for a period of 2 years.

THe firm has grown through word of mouth and referrals and now has an eclectic client base of which 60% would be described as Construction Sector.

100 Ltd Companies with an average fee of £1000.00
50 Sole Traders with an average fee of £500.00
150 Tax Returns @ £200

The practice has a loyal team of staff (Circa £60,000) and a lease of 18 months in the area.

The ideal buyer will offer both remote and face to face advice to clients and ideally the principal will be the face of the business.

For more information please call 01765 698 699 and quote the reference number 30612

Current turn over circa: £25,000

Offers over: £30,000

Established: 15 to 20 years

Gross Recurring Revenue: <30k

Number of staff: 0

Locations: Kent

Locations: Dartford

Additional Notes:

Through retirement I have the pleasure in presenting a portable North Kent practice that has been carefully nurtured over many years from a hands on principal.

The opportunity comprises;

30 clients from tradesmen, landlords, IT and health services across North Kent.

Fees range from £300 - £3000 and will require a good level of hands on advice.

The principal is looking for a buyer in the local area and ideally with finances available to pay 50% upfront

For more information please call 01765 698 699 and quote the reference number 30609

Current turn over circa: £130,000

Offers over: £160,000

Established: 10 to 15 years

Gross Recurring Revenue: 100-150k

Number of staff: 0

Locations: Greater London

Additional Notes:

BUYER MUST HAVE EXPERIENCE IN MEDIA / CREATIVE SECTOR

Through retirement my client is keen to secure practice succession for their personal touch service and is looking for a principal, familiar with the sector and be able to demonstrate their understanding.

The clients have enjoyed a mostly remote service level with many clients visited annually from a Soho club therefore a London presence is essential.

The firm briefly comprises;

160 Clients - Mostly Ltd companies and a few sole traders paying monthly typically £1200 per annum.

Clients include DJ's, Artists, Producers, Architects and Photographers with ages ranging from 20'2 to an 88 year old book seller.

1 Staff member (Secretarial) available if required.

The principal is currently overseas and will require Zoom meetings, in addition proof of funds prior to a meeting.

Valuations are expected between 1.2 - 1.5x GRF with a minimum deposit of 50% (ideally more) and sensible clawback conditions will be available to experienced principals.

For more information please call 01765 698 699 and quote the reference number 30606

Current turn over circa: £230,000

Offers over: £200,000

Established: 20 to 25 years

Gross Recurring Revenue: 150-200k

Number of staff: 1

Locations: Greater London

Locations: London

Additional Notes:

My client approaching retirement is keen to locate a successor to take over his Tax advice practice that focuses on the UK and Australian residents.

The practice is portable and requires annual visits to Australia so would suit someone with a connection to Australia.

THe principal is happy to offer a full handover/mentor role to assist with the client handover.

Advice Comprises;

Structuring the tax strategy for those moving countries +/- their assets. Predominantly from the UK to Australia, but do cover other countries;

International tax structuring for Australian businesses looking to expand abroad, dealing with ownership and operational matters;

Using tax treaties to avoid (Australian) CGT on the sale of local shares;

Creating dual residency scenarios to reduce the impact of tax on trust distributions;

Advising on the tax impact of the 5 options to move UK pension fund entitlements abroad (chiefly to Australia);

Working with IFAs to create tax effective savings vehicles for Australian residents.

For more information please call 01765 698 699 and quote the reference number 30605