Accountancy Practices for Sale North East & Yorkshire

Current turn over circa: £350,000

Offers over: £400,000

Established: 25 to 30 years

Gross Recurring Revenue: 300-500k

Number of staff: 10 to 20

Locations: County Durham

Additional Notes:
-Principle committed to providing a thorough handover.
-Sale due to retirement.
-Mixed general practice with a strong base of SME sized clients.
-Staff to retain.

For more information please call 01765 698 699 and quote the reference number 30235

Current turn over circa: £850,000

Offers over: £850,000

Established: 15 to 20 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 10 to 20

Locations: Tyne and Wear

Additional Notes:
-Mixed, general client base.
-No audit.
-Staff and premises to retain.
-Principle will provide a full handover.

For more information please call 01765 698 699 and quote the reference number 30228

Current turn over circa: £400,000

Offers over: £400,000

Established: 10 to 15 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: West Yorkshire

Locations: Leeds

Additional Notes:
-Mixed general practice.
-Looking for an acquirer than can offer a 50% deposit on completion.
-Will provide full extended hand over where neccesary.

For more information please call 01765 698 699 and quote the reference number 30221

Current turn over circa: £300,000

Offers over: £300,000

Established: 15 to 20 years

Gross Recurring Revenue: 200-300k

Number of staff: 5 to 10

Locations: West Yorkshire

Locations: Leeds

Additional Notes:
-Mixed clients base with a good number of limited companies.
-Very flexible on deal structure.
-Looking for completion before December.
-Staff and premises to be retained.

For more information please call 01765 698 699 and quote the reference number 30211

Current turn over circa: £ 90,000

Offers over: £ 96,000

Established: 5 to 10 years

Gross Recurring Revenue: 70-100k

Number of staff: 1

Locations: County Durham

Locations: Stockton on Tees

Additional Notes:
-The vendor is looking for a long term consultancy arrangement beyond the handover of the clients.
-No costs or liabilities to inherit.
-40 percent of the client base is local limited companies.
-VAT registered.
-Only suitable for an acquirer with an existing local presence.

For more information please call 01765 698 699 and quote the reference number 30166

Current turn over circa: £ 350,000

Offers over: £ 350,000

Established: 20 t years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: East Riding of Yorkshire

Locations: Hull

Additional Notes: -All clients are local with relationships built over the last 2 decades.
-Happy to do a handover.
-Heavily invested in technology, ensuring an organised and efficient practice.
-Flexible on deal structure.

For more information please call 01765 698 699 and quote the reference number 30157

Current turn over circa: £ 900,000

Offers over: £ 900,000

Established: 25-3 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 10-20

Locations: North Yorkshire

Additional Notes:
-Strong average fees.
-Long term client relationships to hand over.
-Highly profitable practice.
-Flexible on deal structure and will do a proper handover.
-Audit licensed.
-MTD ready.

For more information please call 01765 698 699 and quote the reference number 30154

Current turn over circa: £ 600,000

Offers over: £ 480,000

Established: 25-3 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 5-10

Locations: West Yorkshire

Locations: Leeds

Additional Notes:

Initial option to purchase 2/3rds of the practice and retain the principal for 2 years.

Final 1/3rd to be purchased after 2 years or for practice manager to retain 10%.

5 Year lease on principal owned Leeds offices at circa £25,000 per annum

A Team of qualified (ACA, AAT) staff with strong relationships with 90% of the client base. Wage Bill circa £175,000

150 Ltd Companies with fees to £50,000, typically £2,500.

50 Sole Traders, typical fee of £1500.

Iris, Xero and Sage software utilised.

For more information please call 01765 698 699 and quote the reference number 30153

Current turn over circa: £ 110,000

Offers over: £ 150,000

Established: 3-5 years

Gross Recurring Revenue: 100-150k

Number of staff: 1-3

Locations: South Yorkshire

Locations: Rotherham,Barnsley

Additional Notes:
-Profits rapidly increasing
-Low cost base
-Mixed general practice
-Strong client relationships to hand over
-Over a 3rd of clients paying by direct debit
-ICB registered

For more information please call 01765 698 699 and quote the reference number 30098

Current turn over circa: £ 600,000

Offers over: £ 680,000

Established: 10-1 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 10-20

Locations: Tyne and Wear

Additional Notes:
-Over 50 percent of clients are limited companies.
-Efficient business model.
-Happy to do a thorough hand over.
-Excellent cash flow with 90 percent of clients paying by standing orders.

For more information please call 01765 698 699 and quote the reference number 30127

Current turn over circa: £ 130,000

Offers over: £ 150,000

Established: 20-2 years

Gross Recurring Revenue: 100-150k

Number of staff: 3-5

Locations: West Yorkshire

Locations: Pontefract

Additional Notes:
-Prepared to do a proper handover.
-Good numbers of local limited company clients.
-Mixed client base.
-Office in high footfall area.

For more information please call 01765 698 699 and quote the reference number 30123

Current turn over circa: £ 1,100,000

Offers over: £ 1,250,000

Established: 25-3 years

Gross Recurring Revenue: 1-2m

Number of staff: 10-20

Locations: North Yorkshire

Locations: York

Additional Notes:
-50 percent of clients are limited companies.
-Organised digital back office.
-MTD prepared.
-Highly profitable firm.
-Senior management to provide a thorough hand over and continuity.
-Local client base.

For more information please call 01765 698 699 and quote the reference number 30121

Current turn over circa: £ 275,000

Offers over: £ 330,000

Established: 20-2 years

Gross Recurring Revenue: 200-300k

Number of staff: 3-5

Locations: North Yorkshire

Locations: Darlington

Additional Notes:
-Over 50 percent of the clients being limited companies.
-Strong average fee.
-Quality, mixed, local client base.
-Mostly compliance accounting with some audit.
-ONLY SUITABLE FOR A FRIM OF REGISTERED AUDITORS.

For more information please call 01765 698 699 and quote the reference number 30092

Current turn over circa: £ 24,000

Offers over: £ 25,500

Established: More years

Gross Recurring Revenue: <30k

Number of staff: 1-3

Locations: Lincolnshire

Locations: Scunthorpe

Additional Notes:
-Fellow member IFA
-Strong client relationships
-All clients local to Scunthorpe
-Good average fees
-Mostly compliance accounting work
-No cash business clients

For more information please call 01765 698 699 and quote the reference number 30081

Current turn over circa: £ 175,000

Offers over: £ 195,000

Established: 10-1 years

Gross Recurring Revenue: 150-200k

Number of staff: 1-3

Locations: South Yorkshire

Locations: Worksop

Additional Notes:
-Majority of clients paying by standing order.
-Largely paperless.
-Mostly limited companies.
-Lots of professional clients.
-High average fees.
-Prepared to do a proper hand over of clients.
-MTD ready.

For more information please call 01765 698 699 and quote the reference number 30080

Current turn over circa: £ 300,000

Offers over: £ 360,000

Established: 20-2 years

Gross Recurring Revenue: 300-500k

Number of staff: 0-1

Locations: East Riding of Yorkshire,North Yorkshire

Locations: York

Additional Notes:
-Mixed general practice book with over 50 percent of clients being Limited companies.
-Strong average fee.
-Up selling opportunity.
-Prepared to do a proper handover.
-Organised client files for efficient transference of goodwill.
-Genuine reason for sale.

-Only serious acquirers with available funds will be considered.

For more information please call 01765 698 699 and quote the reference number 30065

Current turn over circa: £ 100,000

Offers over: £ 90,000

Established: 20-2 years

Gross Recurring Revenue: 70-100k

Number of staff: 1-3

Locations: West Yorkshire

Locations: Yeadon

Additional Notes:
-Local client base with 25 years goodwill.
-Quality client base with a number of local limited companies.
-Respectable average fee.
-Strong potential for uplift and cross-selling.
-Retiring principle committed to a proper handover of clients.

For more information please call 01765 698 699 and quote the reference number 30060

Current turn over circa: £ 50,000

Offers over: £ 50,000

Established: 3-5 years

Gross Recurring Revenue: 30-50k

Number of staff: 0-1

Locations: Lincolnshire

Locations: Doncaster,Scunthorpe

Additional Notes:
-Mixed client base of limited companies and sole traders
-Rapidly growing client bank
-Flexible on the deal structure
-LLB qualified principle
-Using Quickbooks

For more information please call 01765 698 699 and quote the reference number 30047

Current turn over circa: £ 70,000

Offers over: £ 75,000

Established: 5-10 years

Gross Recurring Revenue: 50-70k

Number of staff: 0-1

Locations: Tyne and Wear

Locations: Newcastle

Additional Notes:
-All clients using Xero (cloud based)
-Clients can be serviced remotely
-Personal handover can be offered
-Strong client relationships built over 10 years
-Quality client base with over 50% being limited companies
-All clients are local

For more information please call 01765 698 699 and quote the reference number 30036

Current turn over circa: £ 150,000

Offers over: £ 180,000

Established: 10 to 15 years

Gross Recurring Revenue: 100-150k

Number of staff: 1 to 3

Locations: Leeds

Additional Notes:
My client, a chartered accountancy practice offers their business and loyal clients to the market, with a focus on completing at an appropriate and mutually agreeable point this year.

The GRF is generated from a portfolio of around 180 client relationships demonstrating the strong average fee levels, with the majority of clients residing within the West Yorkshire area. 40% of the portfolio are limited companies with the remaining 60% comprising sole traders, partnerships and personal clients

The practice enjoys long-term relationships with clients, including many for over 10 years since the firm’s formation, with the top three clients generating annual fees in excess of £30 000 demonstrating the high-quality nature of clients within the portfolio.

The practice receives ongoing referrals resulting in nearly one enquiry every week alongside various added-value consultancy requests, providing ample opportunity for an acquirer to capitalise on the existing relationships and progress the firm to the next level of growth and development.

The exiting proprietor is committed to being flexible with regards to an acquirer’s needs in terms of a providing a warm handover and offering the option of relocating nearby or alternatively, renting the current premises that is described by clients as an impressive office, resulting in minimal stress for an acquirer.

In addition, there are two loyal and experienced staff members on combined wages of only £35 000 that are available to continue handling client’s requirements and support the acquirer moving forward with the acquisition.

The practice is excellently placed for a new acquirer to capitalise on the existing relationships and progress the firm to the next level of growth and development. This proprietor is looking for a partner-led practice that puts client care first, will look after the loyal staff and who can ideally retain the premises (if not local).

For more information please call 01765 698 699 and quote the reference number 30170