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
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