Current turn over circa: £750,000
Offers over: £937,500
Established: 25 to 30 years
Gross Recurring Revenue: 0.5-1m
Number of staff: 10 to 20
Locations: Greater London
Additional Notes:
- My client comes to the market to offer their well established practice that can be ported straight into your office across the London area and is eager to find a friendly and professional firm that has acquisition experience to continue client and staff relationships
- Excellent portfolio comprised strongly of limited companies with average fees in excess of £2,500 and a low client age of 45, demonstrating the quality of clients you'd be taking on
- This firm has been making fantastic use of online software for over ten years and boasts a loyal team that work from home and process to complement the modern, cloud based approach to accountancy
- The practice is geared towards compliance, which leaves ample opportunity to offer consultancy services
- Principal will happily stay on for a warm handover and will offer a consultancy agreement giving you plenty of flexibility to find an exit that works for both parties
BUYER REQUIREMENTS:
- Turnover £1,100,000+
- Established for over 8 years
- Acquisition experience not essential but will be heavily favoured in the shortlisting process
- As firm is making great use of online software, the purchaser will need to be technologically inclined
For more information please call 01765 698 699 and quote the reference number 30703
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