Current turn over circa: £200,000
Offers over: £250,000
Established: 30 to 35 years
Gross Recurring Revenue: 200-300k
Number of staff: 1 to 3
Locations: Tyne and Wear
Additional Notes:
- Sale due to retirement
- Top 3 clients generating fees of £30,000, £18,000 & £8,000
- Fee income generated 90% from compliance and payroll and 10% book keeping
- Annual billing with income equally received throughout the year
- Very high client retention rate
- Using Xero, Quickbooks and Taxcalc
- No commitment to retain existing offices premises
- over two thirds profit that can ported straight onto a buyers bottom line
- The owner is looking for the right fit for his clients and is prepared to provide a strong handover for mutual benefit
For more information please call 01765 698 699 and quote the reference number 31102
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