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Retiring Principal looking to sell a County Londonderry/ Antrim based business with GRF of £300,000

Current turn over circa: £300,000

Offers over: £400,000

Established: 20 to 25 years

Gross Recurring Revenue: 200-300k

Number of staff: 3 to 5

Locations: County Antrim,County Londonderry

Additional Notes:
- Highly profitable business with over 50% adjusted EBITDA margin

- A warm and flexible handover to be provided by the existing principal of between 6 months and 2 years

- A strong average fee per client of £1000 demonstrating the quality of the portfolio

- Well established business that is portable to an acquirers existing office (within 15 miles) allowing any purchaser to significantly reduce overheads

- Top 3 clients generating in excess of £60,000 per annum, illutrating the high calibre of clients within the business

- A good team to take on with the business that would be a strong asset to any acquirer

- Looking for an acquirer that will look after both the clients and staff members while developing the business and taking it to its next stage of growth and development

For more information please call 01765 698 699 and quote the reference number 30279 ask for Lauren Burnham

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