Retiring Accountant - Accountancy Practices Sellers London & South East - Page 8

Accountancy Practices for Sale In London & South East

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Sold Sash

Current turn over circa: £150,000

Offers over: £180,000

Established: 10 to 15 years

Gross Recurring Revenue: 100-150k

Number of staff: 3 to 5

Locations: West Sussex

Locations: Worthing

Additional Notes:

Through succession planning my client is keen to explore succession opportunities for their well run practice on the South Coast.

Briefly Comprising;

140 Client Relationships - Mainly Ltd Companies in and around the West Sussex area.

A hands on principal dedicated to offering partner led advice and support to clients regardless of size or value.

a small support team, essential to the practice workflow

Affordable lease available - 18 months remaining that has been the base of the business for many years.

The principal is keen to stress this would make an ideal acquisition for a smaller - medium practice owner looking to expand their current practice if viable or to take on a second site.

You will enjoy a warm handover of clients over 2 years as the principal phases out.

Offers over 1.2x GRF essential with a sensible upfront payment.

For more information please call 01765 698 699 and quote the reference number 30604

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On Hold Sash

Current turn over circa: £225,000

Offers over: £260,000

Established: 5 to 10 years

Gross Recurring Revenue: 150-200k

Number of staff: 1 to 3

Locations: Greater London

Additional Notes:

Due to other interests my client is keen to explore options in the area for a buyer keen on expanding their compliance advice service.

The firm has grown quickly through a driven owner focussed on marketing and now boasts;

100 Ltd Companies across London (£2000 Avg Fee)
2 Loyal Staff Members
Flexible lease
Principal offering a full handover
£100,000 EBITDA

IDEAL BUYER
You must be committed to face to face advice and already have a London presence.
The practice has created a reputation of excellence in tax advice and would be looking for a practice with in-house CTA ideally.

OFFERS
All offers must reflect the market and expected profits. 1.2x GRF is a minimum with 50% upfront payment.

Proof of funding will be essential for new enquiries.

For more information please call 01765 698 699 and quote the reference number 30600

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Sold Sash

Current turn over circa: £250,000

Offers over: £300,000

Established: 10 to 15 years

Gross Recurring Revenue: 200-300k

Number of staff: 3 to 5

Locations: Greater London

Additional Notes:

Through retirement my client offers their practice to market for the first time and comprises;

100 Ltd Companies - Typical Fee £1,200
200 Sole Traders - Typical Fee £300

A full complement of staff capable of bringing work to trial balance and with excellent relationships with clients

Existing lease, central location to over 50% of clients circa £20,000 per annum.

£100,000 EBITDA

Principal offering a full handover of client relationships.

This opportunity would be idea for a company or individual in the area interested in a turn key operation but must demonstrate a skill in dealing with clients from construction and the trades.

For more information please call 01765 698 699 and quote the reference number 30594

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Current turn over circa: £150,000

Offers over: £150,000

Established: 15 to 20 years

Gross Recurring Revenue: 150-200k

Number of staff: 1

Locations: Oxfordshire

Locations: Oxford

Additional Notes:
For Valuation Only

For more information please call 01765 698 699 and quote the reference number 30591

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On Hold Sash

Current turn over circa: £150,000

Offers over: £195,000

Established: More than 35 years

Gross Recurring Revenue: 150-200k

Number of staff: 1 to 3

Locations: Berkshire

Additional Notes:
- Well established general practice coming to the market due to retirement

- No consultancy offered so plenty of opportunity for further expansion

- Average age of clients around 45 years of age showing longevity within client base

- Staff members available to support the transition

- Full handover offered by the existing retiring Principal

- Average limited company fee circa £1500 demonstrating a good quality client base

For more information please call 01765 698 699 and quote the reference number 30584

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Offer Sash

Current turn over circa: £150,000

Offers over: £180,000

Established: 15 to 20 years

Gross Recurring Revenue: 100-150k

Number of staff: 3 to 5

Locations: Greater London

Additional Notes:

Through a change in circumstances, my client is looking for a specific buyer for their practice with clients across the Middlesex area.

The practice comprises

250 Client Relationships including 100 LTD Co's
Typical fee of £1200.00 +VAT for Ltd Co Service
Largest fees over £10,000 per annum
2 UK staff
Retiring principal looking to aid and assist the handover
Flexible Lease £8000 per annum
Standing Order Payments

The buyer MUST be open minded to the idea of retaining the principal with an ownership of 20% to assist with business development.

The buyer MUST have an interest in offshoring the existing work and potentially their work to the principals team.

For more information please call 01765 698 699 and quote the reference number 30575

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Sold Sash

Current turn over circa: £215,000

Offers over: £273,000

Established: 25 to 30 years

Gross Recurring Revenue: 200-300k

Number of staff: 1 to 3

Locations: Slough

Additional Notes:
- My client, a long established chartered firm, comes to the market for the first time due to retirement with view to finding a friendly and professional firm to continue looking after client relationships in Slough, Burnham, Windsor, Maidenhead, Langley and surrounding areas.

- The portfolio is made up of roughly 140 clients of which 40% are limited companies and the rest made up of sole traders, partnerships and personal clients. Average fee for a limited company is north of £2,500.

- The practice boasts long term relationships with all clients, many of which have been sustained for over a decade, ensuring you will have a strong foundation of goodwill to further develop your business.

For more information please call 01765 698 699 and quote the reference number 30568

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Sold Sash

Current turn over circa: £40,000

Offers over: £50,000

Established: 20 to 25 years

Gross Recurring Revenue: 30-50k

Number of staff: 0

Locations: Kent

Locations: Bromley

Additional Notes:
Non-VAT Registered practice

Circa 100 Sole Traders paying between £300 - £1200 per annum.

Principal is looking to exit the practice and focus on lecturing.

The clients are on the whole based within the BR and DA postcode areas and have enjoyed the local service levels. This would suit a small local practice.

Offers over £48,000 will be considered with a min deposit of 50%.

For more information please call 01765 698 699 and quote the reference number 23341

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Sold Sash

Current turn over circa: £170,000

Offers over: £210,000

Established: 15 to 20 years

Gross Recurring Revenue: 150-200k

Number of staff: 1

Locations: Greater London

Additional Notes:

Through a change of career my client is seeking a phased sale of his practice.

The practice briefly comprises;

150 Clients inc. 70 Ltd Companies across North London many of which have enjoyed principal led advice for nearly 20 years.

Minimal staff liability

An existing short term lease of £14,000 per annum

Ideally your firm will be able to demonstrate excellent customer service levels and have an ability to communicate with clients both Face 2 Face in North London and remotely where required.

Greek language communication skills would be very useful and knowledge of Iris and Sage

For more information please call 01765 698 699 and quote the reference number 30566

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Sold Sash

Current turn over circa: £300,000

Offers over: £300,000

Established: 10 to 15 years

Gross Recurring Revenue: 200-300k

Number of staff: 3 to 5

Locations: Norfolk

Additional Notes:

Through phased retirement this practice is available for the first time and briefly comprises;

£250,000 Est GRF
200 Clients (100 Ltd Co's, 100 Sole Traders)
Average Fees of £1,200 Ltd's, £400 ST
Principal Led Advice
Team of experienced staff (£10k PCM)
Flexible Premises (£1,200 PCM)

Ideally you will have an interest in retaining a local presence in a Market Town in commutable distance to Norwich, a desire to retain the staff and have experience of novating client relationships.

Due to high demand the principal is looking at strong offers in excess of 1.2x GRF and no less than 50% of the value payable on completion.

For more information please call 01765 698 699 and quote the reference number 30564

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Offer Sash

Current turn over circa: £140,000

Offers over: £180,000

Established: 15 to 20 years

Gross Recurring Revenue: 100-150k

Number of staff: 1

Locations: Greater London

Locations: London

Additional Notes:

Exciting opportunity to acquire a retiring principals loyal, client base (30% North London, 70% Greater London) of 60 Ltd Companies and 50 Sole Traders.

The firm has enjoyed many years of growth and now boasts an average fee of £1,200 for Ltd Co's and £500 for Sole Traders and relationships stretching back over 20 years in some cases.

You will enjoy a simple transaction involving a short term lease until 2022, a full handover of client relationships from a hands on principal and 2 Part Time staff members to assist you in the future.

You ideally will be ACCA/ACA qualified, have experience of running your own practice and be able to demonstrate an ability to retain novated staff.

Due to demand, be advised the principal is only considering offers in excess of 1.3x GRF and 50%+ Deposits (Clawback Available)

For more information please call 01765 698 699 and quote the reference number 23332

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Offer Sash

Current turn over circa: £1,000,000

Offers over: £1,800,000

Established: 25 to 30 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 5 to 10

Locations: Essex

Additional Notes:

Excellent practice development opportunity to provide additional services to a predominantly Essex and Suffolk client base including;

350 Ltd Companies - £2000 Avg. Fee (£20,000 Highest)
100 Sole Traders - £450 Average Fee

The practice briefly comprises 3 offices on short to medium length leases and a team of self managing staff (10) who take care of the majority of accounts work with Partners responsible for finalisation and business development.

There are negotiable exit strategies available however the vendors are keen to demonstrate and benefit from their investment to the practice that yields a 40% EBITDA after partners salaries.




For more information please call 01765 698 699 and quote the reference number 30545

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Offer Sash

Current turn over circa: £60,000

Offers over: £90,000

Established: 10 to 15 years

Gross Recurring Revenue: 50-70k

Number of staff: 0

Locations: Greater London

Additional Notes:

Serious Offers Only

For sale - Portable client base of circa 15 Ltd Co clients generating £60,000 of GRF.

Typical annual fee of £3000+VAT per client and full handover from a principal looking to reduce workload and focus on some new clients.

No staff or premises retention required.

Clients across London

For more information please call 01765 698 699 and quote the reference number 30527

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Offer Sash

Current turn over circa: £150,000

Offers over: £200,000

Established: 1 to 3 years

Gross Recurring Revenue: 150-200k

Number of staff: 1 to 3

Locations: Northamptonshire

Additional Notes:

New To Market for 2021

A small client base of long standing clients serviced by a hands on principal.

Circa 50 Ltd Co's in and around Northampton, an ideal acquisition for a local practice looking to expand their exisiting office.

For more information please call 01765 698 699 and quote the reference number 23234

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Sold Sash

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: Greater London

Additional Notes:

Ideal buyer will already demonstrate an internal ability to provide volume accounting services to sole traders and Ltd Co's remotely and face to face.

Although a member of staff will be retained it would be preferred if the buyer already had an in-house Romanian speaker to facilitate on-going advice.

The practice comprises;

- 70 Ltd Co's with fees from £500 - £2500 per annum
- 700 Sole Traders requiring tax returns currently paying £120 per annum
- A remaining lease in NW London - circa £20,000 per annum
- 1 long standing staff member

For more information please call 01765 698 699 and quote the reference number 30518

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Sold Sash

Current turn over circa: £150,000

Offers over: £150,000

Established: 15 to 20 years

Gross Recurring Revenue: 100-150k

Number of staff: 1

Locations: Essex,Greater London

Additional Notes:

BUYER MUST BE REGISTERED WITH;

AISMA or ICAEW (HEALTHCARE)

A fantastic opportunity to purchase a portable client base of G.P's across the South East without premises and staff but benefits from a thorough handover of all client relations developed over 20 years specialising in the sector.

Serious buyers only with relevant experience in the medical sector.

For more information please call 01765 698 699 and quote the reference number 30510

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Sold Sash

Current turn over circa: £200,000

Offers over: £200,000

Established: 15 to 20 years

Gross Recurring Revenue: 150-200k

Number of staff: 1 to 3

Locations: East Sussex

Additional Notes:

With an eye on retirement my client is looking for a local buyer with a keen interest in acquiring a traditional practice with loyal clients, minimal staff liability and flexible lease in East Sussex.

The practice comprises;
- 150 Local Clients (75% Ltd Companies)
- Retained principal looking at a 2 year exit strategy to ensure client retention
- Reasonable fee charges including several larger clients.
- Long standing, client focussed staff.

Ideally you will have a connection to the area and be keen to maintain a hands on approach to service, qualified and have experience of running a practice.

For more information please call 01765 698 699 and quote the reference number 30504

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Sold Sash

Current turn over circa: £100,000

Offers over: £130,000

Established: 10 to 15 years

Gross Recurring Revenue: 70-100k

Number of staff: 1 to 3

Locations: Essex

Locations: Ilford

Additional Notes:

A rare opportunity to acquire a retiring principals practice. With one eye on retirement and the market currently at unprecedented levels my client is looking for a premium practice value commensurate with the effort of a lifetime's work.

Circa 100 clients from varied sectors across East London and Essex, premises on license although a local office would be required and a compliment of support staff.

The ideal buyer will understand the needs of a full range of clients and ideally appreciate the help and guidance of the retiring principal.

For more information please call 01765 698 699 and quote the reference number 30502

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On Hold Sash

Current turn over circa: £650,000

Offers over: £750,000

Established: 15 to 20 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 5 to 10

Locations: Hertfordshire

Additional Notes:

An ideal acquisition for an established practice with T/O from £500,000 - £2,000,000 looking for a second site.

To be considered you must be in a position to offer at least 50% of the value as an upfront payment and show an appetite to retain the practices core values, staff and premises.

The principal is keen to facilitate a thorough handover of clients and is keen to remain in a consultancy capacity for over 2 years.

The practice comprises;

400 clients with many years of goodwill ranging from sole traders to groups of Ltd companies enjoying reasonable fees and value added services on all areas of Tax, Vat, management accounts and Property advice.

An existing team of qualified managers with a focus on customer service.

Premises with a remaining lease of circa 7 years.

For more information please call 01765 698 699 and quote the reference number 30497

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Sold Sash

Current turn over circa: £250,000

Offers over: £250,000

Established: More than 35 years

Gross Recurring Revenue: 200-300k

Number of staff: 1

Locations: Greater London

Locations: London

Additional Notes:

Circa £200,000 -£300,000 Turnover (Varied due to recent demand)

70 Clients (50/50 Split of Ltd/Private Clients) across London with a bias towards the arts,

Several well known personalities that require specialist knowledge of the sector and expect a level of support on matters beyond accountancy.

My client, approaching retirement is looking for a practice to join with a view to a sale and a home for a long serviced client base. You must have experience of the entertainment sector and for true benefit of the principals business development be able to provide at least 1 well known artist to gain the required gravitas.

You will benefit from a loyal client base without incumbent staff and premises and a principal looking to develop the client base further under a new brand.

For more information please call 01765 698 699 and quote the reference number 30484

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