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
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