Current turn over circa: £400,000

Offers over: £500,000

Established: 20 to 25 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: County Down

Additional Notes:

- A well-established and profitable accountancy firm on the market for the first time due to a retiring principal looking for an exit strategy

- With a fully-fledged, long-standing and loyal team available in addition to a business that can virtually run itself, this firm is ready to be bolted on to acquirers existing operations from day one

- Servicing circa 500 clients, with 20% of these being limited companies it is clear that this practice has both a high-quality spread, as well as an above-average charging structure

- The top 3 clients are generating in excess of £40,000 demonstrating the low-risk of the portfolio as well as the caliber of work underway

- Despite the principal looking at retirement, the client base is mostly in their forties, giving any acquirer every opportunity to generate a strong ROI

- Ideally, the purchaser of this business would understand the critical importance of the staff members, would retain the premises at least initially and would offer the principal a longer transition phase

For more information please call 01765 698 699 and quote the reference number 30313

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