Current turn over circa: £ 100,000

Offers over: £ 130,000

Established: 10 to 15 years

Gross Recurring Revenue: 100-150k

Number of staff: 1 to 3

Locations: Greater Manchester

Additional Notes:
My client, a chartered 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.

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 with the option of relocating locally or alternatively, renting the current premises, resulting in minimal stress for an acquirer.

In addition, there is one loyal and experienced staff member that is available to continue handling client’s requirements.

The GRF is generated from a portfolio of around 150 client relationships demonstrating the strong average fee levels, with the majority of clients residing within 20 miles of the practice. 35% of the portfolio are limited companies with the remaining 65% comprising sole traders, partnerships and personal clients.

The practice enjoys long-term relationships with clients, including many for over 10 years since the firm’s formation.

The practice receives ongoing referrals resulting in at least two enquiries every month, providing ample opportunities to capitalise on the existing relationships and progress the firm to the next level of growth and development.

The practice is excellently placed for a new acquirer to capitalise on the existing relationships and progress the firm to the next level of growth and development. This proprietor is looking for a friendly and professional firm that is either locally based or will retain the premises and who can be flexible in terms of handover capacity.

For more information please call 01765 698 699 and quote the reference number 30169

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