Current turn over circa: £300,000
Offers over: £390,000
Established: 20 to 25 years
Gross Recurring Revenue: 200-300k
Number of staff: 1 to 3
Additional Notes:
- This portfolio is made up almost entirely of limited companies with average fees of £2-3,000 and the remainder is comprised of high income individuals demonstrating the quality you'll be taking on
- Adjusted profit margin of 60%+ giving you a strong return on your investment in a shorter period
- With a main focus on compliance this practice offers ample opportunity to upsell additional services, predominantly consultancy such as management accounts, service reporting and tax advice which would be welcomed by clients
- Existing Principal is turning down WOM referral work akin to 2 per week due to lack of time for additional clients, demonstrating the untapped growth potential
- With 100% of the client base managed remotely through the use of online software and no lease to assume, this practice can be ported across Oxfordshire, Buckinghamshire, Berkshire and into London
BUYER REQUIREMENTS:
- Proof of cash/funding for offer amount
- Practice established for 3+ years
- Tech focused ethos
- Acquisition experience would be ideal but not essential
For more information please call 01765 698 699 and quote the reference number 31399
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