Current turn over circa: £300,000

Offers over: £400,000

Established: 10 to 15 years

Gross Recurring Revenue: 200-300k

Number of staff: 3 to 5

Locations: Greater Manchester

Locations: Manchester

Additional Notes: - Manchester Client Base
- 12-24 Month Principal Handover

My client, established over 10 years and represents clients across Central & Greater Manchester offers their practice, staff and on-going lease to the market for the first time. Through retirement the opportunity to acquire this portfolio of 120 Ltd Companies with fees from £400 - £18,000 has arisen and the principal offers their phased handover on a reducing scale for a period up to 2 years if required.

You will enjoy long standing client relationships, the opportunity to retain 4 staff, demonstrable track record of organic growth and an office well positioned to service the area. The firm currently provides a full suite of services including bookkeeping and payroll but no in-house Audit and the principal would like to focus on client transfer going forward.

This would make an ideal acquisition for a firm looking for an additional site, to expand an existing office or an individual looking to take over and build on the solid foundations of this firm.

The vendor is open to negotiation but requests a minimum deposit of 40% (ideally 50%) for the transaction and payments over 2 years whilst he offers full clawback provision. To arrange a meeting quote reference 215723

For more information please call 01765 698 699 and quote the reference number 22875

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