Well Established North East based practice for sale - turnover circa £2,000,000

Current turn over circa: £2,000,000

Offers over: £2,500,000

Established: 30 to 35 years

Gross Recurring Revenue: 1-2m

Number of staff: 20 to 50

Additional Notes:
- My client comes to the market with a view to finding a professional yet friendly firm that values staff and their progression

- Roughly 25% adjusted profitability giving you a good return on your investment going forward

- Principal is happy to provide a warm handover and consultancy agreement for a number of years to ensure a smooth transition and boost retention for all involved

- Large majority of clients are limited companies with average fees in excess of £2,000 demonstrating the quality of the client base you'll be undertaking

- Excellent opportunity to upsell including audit, advanced tax advice, consultancy work and more

- Full team in place that benefits from a strong managerial structure and all hold great relationships with clients

- With over 30 years in the area, my client has built a solid reputation and foundation for you to further develop in years to come

BUYER REQUIREMENTS:
- Retain local presence
- Retain staff
- Proof of cash/funding for the offer amount

For more information please call 01765 698 699 and quote the reference number 31617 ask for Max Ryder - Retiring Accountant

Accountancy Practices similar to this