Current turn over circa: £350,000
Offers over: £455,000
Established: 20 to 25 years
Gross Recurring Revenue: 300-500k
Number of staff: 3 to 5
Additional Notes:
- My client is a well established practice that comes to the market for the first time due to retirement with a view to finding a staff centric practice that will look after the team and clients going forward
- Strong percentage of limited companies with average fees between £1-2,000 and a low demographic of roughly 50 giving you an idea of the quality and longevity in the firm
- The principal is happy to give you a warm handover to ensure the strongest retention rates possible
- Full team of staff that hold fantastic relationships with clients giving you a great element of continuity and support in the transaction
BUYER REQUIREMENTS:
- Must retain local presence
- Must retain staff
- Cash/proof of funds for 50% of the offer amount
- Acquisition experience ideal but not a necessity
For more information please call 01765 698 699 and quote the reference number 31575
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