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

Accountancy Practices for Sale North West & Cumbria

Page 5 of 6
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

REQUEST BUSINESSES LIKE THIS
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

REQUEST BUSINESSES LIKE THIS
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

REQUEST BUSINESSES LIKE THIS
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

REQUEST BUSINESSES LIKE THIS

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

REQUEST INFORMATION

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

REQUEST INFORMATION
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

REQUEST BUSINESSES LIKE THIS
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

REQUEST BUSINESSES LIKE THIS

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

REQUEST INFORMATION
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

REQUEST BUSINESSES LIKE THIS
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

REQUEST BUSINESSES LIKE THIS
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

REQUEST BUSINESSES LIKE THIS

Current turn over circa: £ 1,000,000

Offers over: £ 1,300,000

Established: 15 to 20 years

Gross Recurring Revenue: 1-2m

Number of staff: 10 to 20

Locations: Belfast

Additional Notes:
- High-quality portfolio and a full complement of loyal staff

- Principle exiting due to retirement and committed to being flexible with respect to an acquirers needs

- Portable locally or alternatively, there is an option to rent the current offices

- Well established practice that is bringing on 20-30 new clients every week solely through WOM and referrals providing ample growth opportunities

- Looking for a firm that will uphold the high quality service

For more information please call 01765 698 699 and quote the reference number 30202

REQUEST INFORMATION
Offer Sash

Current turn over circa: £ 85,000

Offers over: £ 110,500

Established: 25 to 30 years

Gross Recurring Revenue: 70-100k

Number of staff: 0

Locations: Lancashire

Additional Notes:
- Made up from 100 clients demonstrating the high-quality average fee

- Nearly 70% of the portfolio is made up from limited company clients

- Well established with client relationships of over 30 years

- Looking to exit due to retirement whilst retaining a part-time ongoing involvement in the practice

- Top 3 clients generating annual fees of over £7,000

- Highly profitable and portable fee base with no employees to transfer with the practice

For more information please call 01765 698 699 and quote the reference number 30200

REQUEST BUSINESSES LIKE THIS
Sold Sash

Current turn over circa: £ 450,000

Offers over: £ 560,000

Established: 20 to 25 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: Merseyside

Locations: Southport,Preston

Additional Notes:
- GRF made up from 450 clients demonstrating the strong average fee alongside the quality of the client base

- Purpose-built offices available to be retained or portable locally

- Strong team available to support acquirer

- Warm handover from principal available to transition over the goodwill

- Young average age of client base providing any acquirer with a strong ROI

- Top three clients generating annual fees in excess of £50 000

- Well-established and partner-led firm that is commited to providing clients with a high level of service including quick responses to queries

For more information please call 01765 698 699 and quote the reference number 30197

REQUEST BUSINESSES LIKE THIS

Current turn over circa: £ 1,500,000

Offers over: £ 1,500,000

Established: 20 to 25 years

Gross Recurring Revenue: 1-2m

Number of staff: 20 to 50

Locations: Merseyside

Additional Notes:
My client, a qualified accountancy practice offers their business and loyal clients to the market, with a focus on completing at an appropriate and mutually agreeable point in the next 12 months.

Ideal for practices wanting to expand into new geographical regions as the practice is based near strong transport connections.

The exiting proprietor is committed to being flexible with regards to an acquirer’s needs in terms of a handover offering anything between 6 months and five years with the option of relocating nearby or alternatively, renting the current premises, resulting in minimal stress for an acquirer.

The practice comes with a full complement of loyal staff members with a modern, technology orientated and open culture which, alongside receiving ongoing referrals resulting in numerous enquiries every week will provide ample opportunities for an acquirer to capitalise on the existing relationships and progress the firm to the next level of growth and development.

The practice enjoys long-term relationships with clients, including many for over 20 years since the firm’s formation.

For more information please call 01765 698 699 and quote the reference number 30176

REQUEST INFORMATION
Sold Sash

Current turn over circa: £ 850,000

Offers over: £ 1,000,000

Established: 25 to 30 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 10 to 20

Locations: Greater Manchester

Additional Notes:
- Strong middle management to support longer-term with the acquisition

- Warm handover offered by principals

- Highly reputable practice with exceedingly strong profit levels

- Well established for over 30 years with long-standing client relationships

- GRF made up from only 650 clients demonstrating the high caliber clients within the portfolio

- Consistent and ongoing referrals providing any acquirer with ongoing organic growth

For more information please call 01765 698 699 and quote the reference number 23236

REQUEST BUSINESSES LIKE THIS
On Hold Sash

Current turn over circa: £ 1,500,000

Offers over: £ 1,500,000

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

- Principals available for a warm handover period

- Fantastic quality team to provide continuity

- High caliber client base

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

- Retiring Owners able to provide flexibility

- Long term client relationships to hand over

For more information please call 01765 698 699 and quote the reference number 30191

REQUEST BUSINESSES LIKE THIS
Offer Sash

Current turn over circa: £ 500,000

Offers over: £ 600,000

Established: 10 to 15 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: Greater Manchester

Additional Notes:
- Looking for quick sale

- Premises retention desired

- High-quality team available to support

- Longer transfer of 2 years available

- Profit circa 200k

For more information please call 01765 698 699 and quote the reference number 30190

REQUEST BUSINESSES LIKE THIS
On Hold Sash

Current turn over circa: £ 380,000

Offers over: £ 456,000

Established: 20 to 25 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: Greater Manchester

Locations: Rochdale,Oldham,Ashton under Lyne

Additional Notes:
My client, a qualified accountancy practice offers their business and loyal clients to the market for the first time, with a focus on completing at an appropriate and mutually agreeable point in the next 12 months.

The exiting proprietor is committed to being flexible with regards to an acquirer’s needs in terms of a handover offering anything between 6 months and three years and offering the option of relocating nearby or preferably, renting the current premises that is described by clients as an impressive office, resulting in minimal stress for an acquirer.

The GRF is generated from a portfolio of around 450 client relationships with the majority of clients residing within 15 miles of the practice. 50% of the income is generated from limited companies with the remaining 50% comprising sole traders, partnerships and personal clients.

The practice enjoys long-term relationships with clients, including many for over two decades since the firm’s formation, with the top three clients generating annual fees of over £40 000 demonstrating the high calibre clients within the portfolio.

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 an acquirer that puts the onus on staff care, will be able to retain the premises and can offer a wide range of services to the clients.

For more information please call 01765 698 699 and quote the reference number 30177

REQUEST BUSINESSES LIKE THIS
Page 5 of 6