Retiring Accountant - Accountancy Practices Sellers North West & Cumbria - Page 5

Accountancy Practices for Sale North West & Cumbria

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Sold Sash

Current turn over circa: £250,000

Offers over: £250,000

Established: 5 to 10 years

Gross Recurring Revenue: 200-300k

Number of staff: 3 to 5

Locations: Merseyside

Additional Notes:
- Chartered Practice
- Sole practitioner
- Circa £250,000 T/O and £230,000 GRF
- 95% clients are paying monthly by Direct Debit providing excellent monthly cashflow
- Strong commercial client portfolio of 127 Limited companies 20 Sole Traders, 8 Partnerships, 45 Payrolls
- Rapid growth over the past 12 months due to excellent online presence and high levels of client referrals
- Strong EBITDA
- Excellent longevity of client relationships and high client retention
- Excellent age demographic of around age 45
- Typical to top 10 firms - cash flow forecasting, monthly management meetings to help clients with business growth
- Top 3 clients - £18,000, £15,000, £13,000
- This successful business owner owns the office premises which can be maintained on a flexible lease - not a condition of sale
- 4 loyal staff available
- Using accountancy manager for practice management, Tax filer, Xero, Sage
- Strong handover available on the right terms


This is an excellent, commercially focused client portfolio with a strong monthly cash flow available with a great deal of flexibility to make the sale/acquisition as successful as possible for all parties

For more information please call 01765 698 699 and quote the reference number 30396 ask for Lauren Burnham

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Current turn over circa: £300,000

Offers over: £300,000

Established: More than 35 years

Gross Recurring Revenue: 200-300k

Number of staff: 5 to 10

Locations: Cumbria

Additional Notes:
- This practice is making over a 33% profit margin, providing any purchaser with a strong return on their investment

- With a great staffing team available to support, in addition to a warm handover from the existing principal, any purchaser can expect the highest levels of continuity and client retention

- Servicing about 400 clients, 25% of the portfolio are limited companies and the average age of clients is under 45, giving you the benefit of many years worth of income and referrals

- Ideally, this principal is looking for a purchaser that stresses continuity and would be able to retain the offices for a period of at least 12 months

For more information please call 01765 698 699 and quote the reference number 30328 ask for Lauren Burnham

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Sold Sash

Current turn over circa: £0

Offers over: £50,000

Established: 1 years

Gross Recurring Revenue: <30k

Number of staff: 0

Locations: Tyne and Wear

Additional Notes:
- A fully fledged and operational 2 surgery dental practice that previously turned over £240,000 per annum solely from one dentist

- Due to unforseen circumstances, the full rebrand and new state of the art equipment (originally purchased at over £150,000) is for sale, with the fantastic opportunity of building up a practice from scratch your way

- In a busy location with hundreds of local businesses, thousands of potential patients and unlimited car parking spaces, the significant potential and guarenteed demand for a private practice is clear (with no local competitors)

- A new lease will be granted for the purchaser, including an initial rent-free period to allow you to get the business off the ground again minimising your risk

- In the future there is a further opportunity within the practice to add up to 2 more additional surgeries giving you an uncapped level of potential

- With two waiting areas, a staffing room and furnished to the highest possible standard this practice is calling out for a confident dentist to grasp the opportunity and build up a fantastic private practice from the ground up, with everything ready to go

For more information please call 01765 698 699 and quote the reference number 30327 ask for Max Ryder - Retiring Accountant

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Current turn over circa: £300,000

Offers over: £360,000

Established: 15 to 20 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: Cumbria

Additional Notes:

- A paperless, well-established and shop-front based accountancy firm on the market as the principal is looking to retire from the industry

- Servicing in total 500 clients, with 25% of these being limited companies the portfolio has a good spread and a strong average fee

- A strong team is in place to ensure a smooth transition and give you the top levels of retention growing your business for the foreseeable future

- Despite the principal being at retirement age, from receiving an average of 2 enquiries every week clients on average are in their forties, giving you many years of return for your initial investment

- A profitable outlet, this well run accountancy firm stresses customer service and going the extra mile boasting quick turnarounds, thus demonstrating the kind of quality business you could purchase

For more information please call 01765 698 699 and quote the reference number 30314 ask for Lauren Burnham

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On Hold Sash

Current turn over circa: £25,000

Offers over: £30,000

Established: 10 to 15 years

Gross Recurring Revenue: <30k

Number of staff: 0

Locations: Lancashire

Additional Notes:
- This fee block is fully portable to any location within the Lancashire area, giving you complete flexibility in terms of where you will service the clients from

- The current principal will provide a handover in full to ensure the relationships are transitioned and any acquirer will gain the benefit of many years worth of income from the portfolio

- There are no other staff members involved in servicing the portfolio, making the purchase as simple as possible and giving the fee block a very strong profitability level

- The income is made up from 50 clients, of which 40% are Limited Companies and the remaining 60% are Sole Traders demonstrating the quality of the business

- The clients have an average age within their 40's meaning you will get many years worth of income from the fee block, giving you a strong return on investment

- Through word of mouth, the client base has consistently increased year on year with no marketing or proactive work providing a strong foundation for a purchaser to build upon further

- A number of clients are based in the London area and are serviced remotely with intermittent face-to-face visits (which any purchase would need to continue)

- This smaller acquisition opportunity is ideally suited for either someone starting to run their own accountancy firm, or alternatively this would allow an established practice to port the fees straight onto their bottom line

For more information please call 01765 698 699 and quote the reference number 30305 ask for Lauren Burnham

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Current turn over circa: £700,000

Offers over: £900,000

Established: 25 to 30 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 10 to 20

Locations: Greater Manchester,Merseyside

Additional Notes:
- Specialising in audit, this profitable accountancy firm (over 35%) has been listed on the market for the first time

- Boasting a brilliant team to be transitioned, strong middle management, as well as a full handover by the existing principal this business will provide a return for many years to come

- Servicing less than 300 clients there is a strong average fee demonstrating the quality of the portfolio in addition to an average client age of fewer than 50 years old proving you with many years of recurring profits

- Currently this practice is at full capacity and can't take on any additional clients. As a result, on a weekly basis 3/4 client inquiries are rejected illustrating the opportunity for an acquirer to leverage the positive reputation

For more information please call 01765 698 699 and quote the reference number 30300 ask for Lauren Burnham

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On Hold Sash

Current turn over circa: £340,000

Offers over: £380,000

Established: 5-10 years

Gross Recurring Revenue: 300-500k

Number of staff: 5-10

Locations: Oldham

Additional Notes:

- Long-term relationships with clients, including many for nearly a decade since the firm’s formation, with the top three clients generating annual fees of over £15 000 demonstrating the low-risk levels associated with the portfolio

- Technologically adept, with over 90% of larger clients paying by monthly direct debit and a service described as highly recommended, relaxed and friendly, thus providing ample opportunity for an acquirer to grow using the outstanding goodwill

- The retiring principal is flexible and will sell 100% of the business or alternatively will gradually transfer the shares of the business over 2-3 years to provide a full transition ensuring the longevity of client base as well as making the proposition more affordable

- There is the option of relocating nearby or alternatively, renting the current premises, resulting in minimal stress for an acquirer

- The existing principal is flexible and is open to working alongside the buyer to improve and develop the practice initially

- The practice comes with a full complement of loyal staff members and receives ongoing referrals resulting in at least two enquiries every week, providing ample opportunities to capitalise on the existing relationships and progress the firm to the next level of growth and development

- This practice is looking for a person/ firm that puts the onus on both client and staff care

For more information please call 01765 698 699 and quote the reference number 30094 ask for Lauren Burnham

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Sold Sash

Current turn over circa: £5,000,000

Offers over: £6,000,000

Established: More than 35 years

Gross Recurring Revenue: More than 2m

Number of staff: More than 50

Locations: Greater Manchester,Merseyside

Additional Notes:
- Sustained profit levels of over 1.6 million

- Principals available for extended handover of up to 3 years where required

- Strong senior management team in place to offer full transition and increase retention

- Exiting principals are flexible towards an acquirers needs

- An innovative firm with an excellent client bank that an acquirer would benefit from cross-selling various services

For more information please call 01765 698 699 and quote the reference number 30286 ask for Lauren Burnham

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On Hold Sash

Current turn over circa: £350,000

Offers over: £420,000

Established: 5-10 years

Gross Recurring Revenue: 300-500k

Number of staff: 5-10

Locations: Oldham

Additional Notes:
- The retiring principal is looking to gradually transfer the shares of the business over 2-3 years to provide a full transition ensuring the longevity of client base as well as making the proposition more affordable

- This opportunity would be ideally suited for an individual looking to run their own business with the full support of the existing principal to provide a helping hand initially or alternatively, an established business that would value the opportunity to gradually develop the business with minimal risk

- The practice enjoys long-term relationships with clients, including many for nearly a decade since the firm’s formation, with the top three clients generating annual fees of over £15 000 demonstrating the low-risk levels associated with the portfolio

- The award-winning accountancy practice has GRF generated from around 1000 client relationships with the majority of clients residing within 20 miles of the practice

- The practice is technologically adept, using a myriad of software with over 90% of larger clients paying by monthly direct debit and a service described as highly recommended, relaxed and friendly, thus providing ample opportunity for an acquirer to grow using the outstanding goodwill

- There is the option of relocating nearby or alternatively, renting the current premises, resulting in minimal stress for an acquirer

- The existing principal is flexible and is open to working alongside the buyer to improve and develop the practice initially

- The practice comes with a full complement of loyal staff members and receives ongoing referrals resulting in at least two enquiries every week, providing ample opportunities to capitalise on the existing relationships and progress the firm to the next level of growth and development

- This practice is looking for a person/ firm that puts the onus on both client and staff care

For more information please call 01765 698 699 and quote the reference number 30094 ask for Lauren Burnham

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Sold Sash

Current turn over circa: £400,000

Offers over: £520,000

Established: 15 to 20 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: Lancashire,Cumbria

Additional Notes:
- Profitability margins of 50% allowing any acquirer to recuperate their investment quickly

- A high-quality team available for long-term continuity adding to any acquirers existing team

- The 500 strong client base is made up from 1/3 of limited companies and the remainder are a mix of sole traders, partnerships and personal clients demonstrating the good split for an acquirer to capitalise on

- Principal available for a warm handover of 12 months to support the transition phase

- A well-established firm with clients describing the service as efficient, available and done correctly, giving an acquirer tremendous levels of goodwill to build upon

- The existing principal finalises a small proportion of the work, allowing an acquirer to solely focus on the client relationship handover

- The premises is available and would ideally be retained, this seller is open to any type of acquirer as long as they will put the onus on client and staff care

For more information please call 01765 698 699 and quote the reference number 30285 ask for Lauren Burnham

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Sold Sash

Current turn over circa: £150,000

Offers over: £165,000

Established: 5 to 10 years

Gross Recurring Revenue: 150-200k

Number of staff: 3 to 5

Locations: Anglesey,Gwynedd,Conwy,Denbighshire

Additional Notes:
- A rapidly growing accountancy firm receiving one client referral every other day that has been put onto the market for the first time due to unforeseen personal circumstances

- The portfolio is made up of 200 clients with over a third being limited companies, demonstrating the strong average fees as well as the quality of the client base

- A strong, high-quality and qualified team that is available to transition over and support any acquirer long-term

- Warm handover available from the existing principal ensuring the smoothest transition as well as protecting the longevity of your investment

- Digitally savvy and a culture described as proactive and highly flexible making an acquirers job easier from day one

- Top three clients bringing in fees of over £30,000 per annum again demonstrating the quality of the opportunity

- Portable within 10 miles, or alternatively the current premises is ideally located and can be easily retained to suit an acquirers needs

For more information please call 01765 698 699 and quote the reference number 30283 ask for Lauren Burnham

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Sold Sash

Current turn over circa: £80,000

Offers over: £96,000

Established: 25 to 30 years

Gross Recurring Revenue: 70-100k

Number of staff: 0

Locations: Lancashire

Locations: Blackburn,Preston,Blackpool

Additional Notes:
- A highly profitable sole trader looking to retire from the industry with tremendous amounts of goodwill to handover

- Committed to being flexible and will either leave the business to an acquirer alongside a warm handover or alternatively would consider a part-time role on a longer-term basis

- Portable to Preston, Blackburn, Blackpool and surrounding areas resulting either in a brilliant beginning for someone starting out or alternatively minimal overheads for an established acquirer

- The 350 strong client base is made up from 85% sole traders and 15% limited companies with an average client age of under 45 leaving many years of income to be received by an acquirer

- While the business operates as a general practice there are a number of builders, taxi drivers and hotel owners within the portfolio as the retiring principal has strong introducer connections in these fields

- The current principal is turning away referral work through lack of capacity to the tune of 3-4 per month leaving ample opportunities for an acquirer to capitalise on these and take the business to the next level

For more information please call 01765 698 699 and quote the reference number 30271 ask for Lauren Burnham

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Current turn over circa: £250,000

Offers over: £325,000

Established: 20 to 25 years

Gross Recurring Revenue: 200-300k

Number of staff: 5 to 10

Locations: County Fermanagh,County Tyrone

Additional Notes:
- Strong profitability levels of 33%+ allowing any acquirer to quickly recuperate their investment

- The majority of the clients are under the age of 45, giving you many years of income and referrals ensuring the longevity of your purchase

- Well established accountancy firm of 25 years on the market for the first time with the principal wanting to retire after providing a warm handover

- Absolutely fantastic, young and highly qualified team to transition with the practice, giving the clients continuity and upgrading any acquirers current staffing base

- The majority of the client base is within county Fermanagh/ Tyrone and is serviced on a face-to-face basis by the existing principal, making the transition of goodwill seamless

- Opportunity to exploit the existing client base through providing more niche services as well as consultancy advice work which has historically not been offered

For more information please call 01765 698 699 and quote the reference number 30265 ask for Lauren Burnham

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Current turn over circa: £500,000

Offers over: £600,000

Established: 15 to 20 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: Gwynedd,Conwy

Additional Notes:
- High profitability levels within the firm

- Good presence in the local area

- Principal prepared to be flexible regarding handover suited to acquirers needs

- A quality team within the practice to be transitioned with a number of qualified accountants

- Despite the owner looking to retire the majority of clients are in their 40's giving you many years to create a strong ROI

- Face to face client service proposition with a strong, local and loyal client base to transition

For more information please call 01765 698 699 and quote the reference number 30245 ask for Lauren Burnham

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On Hold Sash

Current turn over circa: £50,000

Offers over: £60,000

Established: 15 to 20 years

Gross Recurring Revenue: 50-70k

Number of staff: 0

Locations: Cheshire

Additional Notes:
- Portable within the local area of the Wirral

- No staff members to transfer

- Principal flexible regarding handover, ideally looking to reduce hours and work part-time on a consultancy arrangement

- Extremely profitable with over 60% adjusted EBITDA

- Well established with a strong fee charging structure and a good mix of clients

- Ideally suited for someone starting out in the industry or with a small block of clients.

- This practice would also suit an established local practice whereby it would port straight in adding £50,000 GRF straight to the bottom line

For more information please call 01765 698 699 and quote the reference number 30241 ask for Lauren Burnham

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On Hold Sash

Current turn over circa: £1,300,000

Offers over: £1,600,000

Established: 10 to 15 years

Gross Recurring Revenue: 1-2m

Number of staff: 20 to 50

Locations: Greater Manchester

Additional Notes:
- Great local branding and reputation

- Strong staffing team within the organisation

- Open to both buy-outs and merger opportunities

- Forward-thinking and innovative operations

- High profitability margins

- Phenomenal track record of growth achieved double-digit organic growth year on year over the last 5 years

- Minimal advertising is done and therefore there is ample opportunity for an acquirer to grow the business further

- Strong cash flow with a high proportion of clients paying by monthly direct debits

For more information please call 01765 698 699 and quote the reference number 30237 ask for Lauren Burnham

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Current turn over circa: £1,500,000

Offers over: £1,650,000

Established: 15 to 20 years

Gross Recurring Revenue: 1-2m

Number of staff: 10 to 20

Locations: Greater Manchester

Additional Notes:
- Premises retention available or portable locally

- Warm handover period available

- Fantastic quality team to provide continuity

- High caliber client base with over £100,000 GRF made up from the top two clients as well as strong average fees

- Strong top-level management available for longer-term support in running the practice

- Extremely efficient systems in place with a good cash flow from direct debit payments

- Serviced digitally where possible with some niche clients within the portfolio

For more information please call 01765 698 699 and quote the reference number 30233 ask for Lauren Burnham

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Offer Sash

Current turn over circa: £1,500,000

Offers over: £1,650,000

Established: 20 to 25 years

Gross Recurring Revenue: 1-2m

Number of staff: 20 to 50

Locations: Cheshire

Additional Notes:
- Strong adjusted EBITDA profitability

- Clear opportunities for growth

- Strong teams in place to handle client work

- Some niche areas within the client base allowing for market entry and strong organic growth

- Flexible principals looking to retire

- Long-standing client base with a strong fee charging structure

- Strong organic growth as well as further opportunities in the local area

For more information please call 01765 698 699 and quote the reference number 30229 ask for Lauren Burnham

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Offer Sash

Current turn over circa: £1,300,000

Offers over: £1,300,000

Established: 25 to 30 years

Gross Recurring Revenue: 1-2m

Number of staff: 20 to 50

Locations: Cheshire,Merseyside

Locations: Warrington

Additional Notes:
- Extremely high average fee per client

- Full equity buyout available

- Strong middle-tier management to support acquirer throughout the transition period and on an ongoing basis

- Flexible principals with respect to handover periods of 1-5 years

- Fully digitised practice

- Portable locally or alternatively, premises retention is available

- Flexible on payment structures and terms

For more information please call 01765 698 699 and quote the reference number 30213 ask for Lauren Burnham

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Sold Sash

Current turn over circa: £1,000,000

Offers over: £1,100,000

Established: 15 to 20 years

Gross Recurring Revenue: 1-2m

Number of staff: 20 to 50

Locations: Staffordshire

Additional Notes:
- A fantastic and long-standing team available with the practice

- Long-standing client relationships to be transferred allowing you to build on the goodwill in further expansion efforts

- Well established firm with a strong reputation in the local area

- Flexible handovers from 12 months to 5 years

- Strong middle managers available to support in the transition phase

For more information please call 01765 698 699 and quote the reference number 30209 ask for Lauren Burnham

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