Retiring Accountant - Accountancy Practices Sellers South West and Wales - Page 5

Accountancy Practices for Sale South West

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Sold Sash

Current turn over circa: £200,000

Offers over: £260,000

Established: 15 to 20 years

Gross Recurring Revenue: 150-200k

Number of staff: 3 to 5

Locations: Devon

Additional Notes:
- Chartered practice
- Loyal clients and staff
- Very high client retention and longevity of client relationships
- Over 60% of client base pays monthly by direct debit providing excellent cash flow
- Strong profitability
- The GRF is made up of 210 clients of which 40% are limited companies, 35% are sole traders and the rest comprised of partnerships, sole traders, and personal clients
- Average limited company fee north of £1200
- No audits
- Good growth opportunities
- Premises available on a flexible lease but are not conditional to the sale
- Some degree of portability within 15 - 20 miles of the existing office location
- Using Digita, Xero, and Quickbooks
- Over 50% of the value of the business on cloud based software
- Strong handover on offer with the potential for the current owner to continue and a flexible basis should that be desirable
- The seller has a flexible mindset to making the acquisition work for the buyer to ensure the highest level of client retention

This is an excellent opportunity to acquire a successful, profitable, long-established business with excellent monthly cashflow.

For more information please call 01765 698 699 and quote the reference number 30395 ask for Abi Barker

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Sold Sash

Current turn over circa: £25,000

Offers over: £27,500

Established: 5 to 10 years

Gross Recurring Revenue: <30k

Number of staff: 0

Additional Notes:
- Opportunity due to retirement
- Portfolio comprised of roughly 30 clients with over 50% limited companies
- Average limited company fee of £1,000
- Happy to provide a long and warm handover to ensure a smooth transition for clients

For more information please call 01765 698 699 and quote the reference number 30610 ask for Abi Barker

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Sold Sash

Current turn over circa: £70,000

Offers over: £84,000

Established: 15 to 20 years

Gross Recurring Revenue: 50-70k

Number of staff: 0

Locations: Gloucestershire

Additional Notes:
- My client, a well established Chartered practice comes to the market with the view to finding a professional and people-centric firm to continue looking after clients in the Cheltenham, Gloucester, Brockworth, Innsworth, Churchdown, Cirencester and surrounding areas

- Long term client relationships and strong retention rates providing you with a fantastic foundation of goodwill to further develop your business

- Immediately portable to your office in Gloucestershire

- No consultancy offered so plenty of opportunity for further expansion

- Full handover provided by existing retiring principal

For more information please call 01765 698 699 and quote the reference number 30601 ask for Abi Barker

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Sold Sash

Current turn over circa: £180,000

Offers over: £216,000

Established: 20 to 25 years

Gross Recurring Revenue: 150-200k

Number of staff: 1 to 3

Additional Notes:
- Well established Chartered practice coming to the market with the view to finding a friendly and professional firm in Torquay, Cockington, Marldon, Paignton, Blagdon, Totnes, Newton Abbot and surrounding areas.

- Limited consultancy work provided allowing for plenty of opportunity for further expansion.

- Top 3 clients brining in £15,000 showing high calibre of clients.

- Average limited company fee circa £1,500.

- Software used includes VT, Xero and Moneysoft.

- 90% of client base is within Torbay.

For more information please call 01765 698 699 and quote the reference number 30586 ask for Abi Barker

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Sold Sash

Current turn over circa: £80,000

Offers over: £96,000

Established: 10 to 15 years

Gross Recurring Revenue: 70-100k

Number of staff: 1 to 3

Locations: South Glamorgan

Additional Notes:
- My client a Chartered Certified practice, is coming to the market for the first time due to retirement.
- The GRF is made up of 180 clients of which 35% is limited companies, 35% is sole trader and the rest is comprised of partnerships and personal clients.
- The practice has been cloud based for over a decade and almost 50% of the client based is serviced remotely.
- Softwares used include TaxCalc, Quickbooks, Xero and Moneysoft.
- 80% of client base is local to the practice.

For more information please call 01765 698 699 and quote the reference number 30560 ask for Abi Barker

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On Hold Sash

Current turn over circa: £50,000

Offers over: £63,000

Established: 20 to 25 years

Gross Recurring Revenue: 30-50k

Number of staff: 0

Locations: West Midlands

Locations: Birmingham

Additional Notes:
- Chartered practice looking for succession opportunities due to retirement.
- The GRF is generated from a portfolio of 100 clients which includes 40% limited companies and the rest is comprised of sole traders, partnerships and personal clients.
- 80% of clients are located within South Birmingham.
- Audit opportunities within the client base.

For more information please call 01765 698 699 and quote the reference number 30559 ask for Lauren Burnham

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Sold Sash

Current turn over circa: £125,000

Offers over: £162,500

Established: More than 35 years

Gross Recurring Revenue: 100-150k

Number of staff: 0

Locations: Worcestershire

Locations: Bromsgrove

Additional Notes:
- Opportunity due to retirement
- Long established Chartered practice
- £125,000 in gross recurring fees with a 70% profit margin
- 90% of clients within 40 miles of the office
- Software used includes Iris, BTC, Sage, Xero, Quickbooks, Moneysoft
- Average fee for a limited company ranges from £900 to £2,500

For more information please call 01765 698 699 and quote the reference number 30557 ask for Lauren Burnham

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On Hold Sash

Current turn over circa: £40,000

Offers over: £48,000

Established: 5 to 10 years

Gross Recurring Revenue: 30-50k

Number of staff: 0

Locations: Dorset

Additional Notes:
- My client is coming to the market for the first time with a focus on finding a friendly and professional firm to look after current client relationships. Considering opportunities in Dorchester, Shaftsbury, Gillingham, Wincanton, Yeovil, Blandford, Windborne, Sherborne and surrounding.
- The business is made up of around 200 clients of which 25% are limited companies, 35% are sole traders and the remaining made up of partnerships and individual clients.
- Top 2 clients averaging £1,500 each per year, demonstrating the breadth of clients and low risk level within the business.
- Business spread mostly consists of compliance and bookkeeping with a small amount of consultancy, so plenty of opportunity for further expansion.
- The firm has been established for nearly a decade showing the fantastic amount of goodwill there is to handover.
- Software used includes Quickbooks and VT.

For more information please call 01765 698 699 and quote the reference number 30553 ask for Abi Barker

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On Hold Sash

Current turn over circa: £35,000

Offers over: £38,500

Established: 5 to 10 years

Gross Recurring Revenue: 30-50k

Number of staff: 0

Locations: Cornwall

Additional Notes: - Small block of fee’s being brought to the market for the first time due to retirement.
- The fees are made up of around 60 clients of which 55% are limited companies and the remaining comprised of sole traders, partnerships and individual clients. The average age of clients is below 45 demonstrating the longevity within the business.
- Top 3 clients producing £10,000 in fees showing the strong calibre of clients.
- Softwares used include Quickbooks, Digita and 12 Cloud.
- Business spread mostly consists of bookkeeping and compliance work with a small amount of consulting, so plenty of opportunity for further expansion.

For more information please call 01765 698 699 and quote the reference number 30541 ask for Abi Barker

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Sold Sash

Current turn over circa: £25,000

Offers over: £25,000

Established: 15 to 20 years

Gross Recurring Revenue: <30k

Number of staff: 0

Locations: Devon

Additional Notes: - Longstanding client base
- Presented to the market for the first time due to retirement
- Highly experienced professional
- Good hand over to be provided with support for 12 months post-sale if needed
- An opportunity to acquire a block of client fees without any staff or premises to detract from profitability

For more information please call 01765 698 699 and quote the reference number 30531 ask for Abi Barker

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Offer Sash

Current turn over circa: £35,000

Offers over: £30,000

Established: 15 to 20 years

Gross Recurring Revenue: 30-50k

Number of staff: 1 to 3

Locations: Cornwall

Locations: Bideford

Additional Notes: -My client offers their portable business and loyal client base to the market for the first time, with a focus on finding a friendly and professional business to further develop current client relationships.

-The GRF is generated from a portfolio of around 170 clients including roughly 15% limited companies and the remaining comprised of partnerships, sole traders and personal clients.

-The practice boasts long term relationships with all clients, many of which have been sustained for over a decade, providing you with a strong foundation of goodwill to further develop your business.

For more information please call 01765 698 699 and quote the reference number 30529 ask for Abi Barker

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Current turn over circa: £80,000

Offers over: £80,000

Established: 30 to 35 years

Gross Recurring Revenue: 70-100k

Number of staff: 1 to 3

Locations: Dorset

Additional Notes:
- Opportunity due to retirement
- Long established business
- Sole practitioner
- £80,000 GRF from 80 clients
- Localised client base all within 15 miles of the office location
- Flexible lease which is not a condition of the sale
- Excellent client relationships
- Good staff support structure - not a condition of the sale
- Committed handover
- Sage software

This seller is fully committed to making things work for the incoming business owner.

For more information please call 01765 698 699 and quote the reference number 30280 ask for Abi Barker

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Sold Sash

Current turn over circa: £170,000

Offers over: £160,000

Established: 25 to 30 years

Gross Recurring Revenue: 150-200k

Number of staff: 1 to 3

Locations: Pembrokeshire

Additional Notes:
Excellent opportunity for someone looking for a well established turn key business.

Suitable for either a local firm looking to leverage their growth and take market or someone looking to relocate to Pembrokeshire and capitalise on an excellent business opportunity in a beautiful part of the world.

- Sales opportunity due to retirement
- Long-established firm with very strong client relationships
- Consistent turnover
- Good average client demographic
- Excellent scope to develop the business for additional value and receive a faster return on investment
- Highly recommended business
- Long term client relationships
- High client satisfaction rates
- Flexible lease
- Full commitment to facilitate client relationship transfer with the current owner happy to continue in some capacity post-sale
- All clients within 20 miles of the office providing a good localized client portfolio
- No WIP or Debtor issues
- Relaxed and friendly work environment and client service ethos
-Asset Sale




For more information please call 01765 698 699 and quote the reference number 30179 ask for Abi Barker

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On Hold Sash

Current turn over circa: £320,000

Offers over: £350,000

Established: 15 to 20 years

Gross Recurring Revenue: 200-300k

Number of staff: 3 to 5

Locations: Bristol

Additional Notes:
- Opportunity due to retirement
- Chartered practice
- Circa £300,000 GRF
- Client portfolio of 138 Limited companies, 120 Sole traders and 10 Partnerships
- Business premises available but not a condition of sale
- Flexible staff situation
- Strong client fees
- Excellent long term client relationships
- Very high client retention
- Using Iris and Sage

Very personable owner committed to a strong handover and making the sale as successful as possible for all parties.

For more information please call 01765 698 699 and quote the reference number 30475 ask for Abi Barker

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Sold Sash

Current turn over circa: £100,000

Offers over: £130,000

Established: 5 to 10 years

Gross Recurring Revenue: 100-150k

Number of staff: 0

Locations: Dorset

Additional Notes:
- A locally portable block of fees offered to the market for the first time
- Established qualified practice
- A client portfolio consisting of 50 limited companies, 65 sole traders, and 15 partnerships
- Excellent age demographic with average age 45
- Clients predominantly in the DT postcode area
- No commitment to premises
- Strong handover provided

This is an excellent opportunity to acquire an strong portfolio of clients with full commitment from the current owner to making the sale/acquisition as successful as possible for all parties.

For more information please call 01765 698 699 and quote the reference number 30471 ask for Abi Barker

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Current turn over circa: £50,000

Offers over: £55,000

Established: 5 to 10 years

Gross Recurring Revenue: 30-50k

Number of staff: 1

Locations: Somerset

Additional Notes:
- Client block of fees for sale due to retirement
- Business in operation approaching 10 years
- Chartered Certified practice
- Circa £50,000 GRF
- Providing stat accounting and returns, bookkeeping, Payroll, Tax planning, CIS, and VAT
- Client portfolio consisting of 9 Limited companies, 8 Sole Traders, and 8 Partnerships wich generates circa 50 tax returns
- Top 3 clients between £3,000 and £4,500
- No commitment to premises
- Non-VAT registered but roughly 1/3rd of clients are VAT registered
- Strong handover available

For more information please call 01765 698 699 and quote the reference number 30445 ask for Abi Barker

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Sold Sash

Current turn over circa: £50,000

Offers over: £50,000

Established: 10 to 15 years

Gross Recurring Revenue: 30-50k

Number of staff: 0

Locations: Anglesey

Additional Notes:
- Qualified practice
- £50,000 GRF
- Portfolio of 20 Limited companies, 38 Sole Traders and 1 Partnership – 59 client relationships
- Excellent cash flow with monthly billing providing an average of £4,000pm
- Service proposition is mostly provided by phone/email/Zoom with face to face accounting for 15-20% of relationships
- Accountancy services provide are business advice, bookkeeping, stat accounting, self-assessment, CT returns, VAT, Payroll, and some Management Accounting
- The firm provides a very loyal, friendly service which has ensured excellent client longevity
- There are no existing staff considerations with the acquisition
- A small low-cost office premise is available but not a condition of sale
- Non VAT registered business with 30-35% of clients being themselves VAT registered and increases to fees due to VAT not considered a concern
- Strong and flexible handover available
- Using Sage, Tax calc, Brightpay and happy to work with the buyer to transition to buyers software
- It is believed that the business could be grown very quickly with investment and pensions advice being seen as a beneficial additional service

This seller is keenly focused on making the sale as successful as possible for all parties and provides full commitment to work with the incoming buyer.

For more information please call 01765 698 699 and quote the reference number 30438 ask for Lauren Burnham

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Offer Sash

Current turn over circa: £500,000

Offers over: £500,000

Established: 20 to 25 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: Somerset

Additional Notes:
- Long established Chartered Practice
- £480k GRF / £500,000 Turnover
- £25,000 - £30,000 incremental growth year on year from word of mouth referrals
- Highly professional firm with strong tax specialism
- Looking after a broad range of quality, largely limited company clients
- Typical fees of £1250 for Limited companies, £750 for Sole Traders and £1500 for Partnerships
- Majority of clients local to the business premises along with circa 40 London clients and some overseas clients
- Top 3 clients commanding fees between £10,000 and £12,000
- Long serving, high quality, loyal staff
- Very high client retention
- Flexible lease available
- The seller is looking for a phased exit and is looking to deploy their high level tax knowledge for the new owner for a couple of years post sale
- Using Iris, Sage One, Xero, Quickbooks and Kashflow

This is an excellent opportunity to acquire an already profitable business with high quality, loyal staff, the ability to retain the current owner as part of the acqusition to promote the highest levels of client retention.

It is also expected that, in the absence of running the business, the current owner's high level tax knowledge can be deployed for greater benefit to the business and the new owner.

The current owners have a flexible mindest to making the transition as successful as possible fo all parties.

For more information please call 01765 698 699 and quote the reference number 30427 ask for Abi Barker

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On Hold Sash

Current turn over circa: £300,000

Offers over: £370,000

Established: 5 to 10 years

Gross Recurring Revenue: 200-300k

Number of staff: 3 to 5

Locations: Hampshire

Additional Notes:
- Presented to the market for the first time due to retirement
- Highly profitable business
- Providing a range of accountancy services
- Using Iris for Practice Management, E-signing software setup, Brightpay (payroll), Sage, Xero, QuickBooks
- Good, strong, quick paying client base
- Loyal, hard working staff
- Flexible lease
- Strong handover

For more information please call 01765 698 699 and quote the reference number 30421 ask for Abi Barker

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Sold Sash

Current turn over circa: £72,000

Offers over: £100,000

Established: 10 to 15 years

Gross Recurring Revenue: 70-100k

Number of staff: 1 to 3

Locations: Cheshire

Additional Notes:
- Est 12 years
- Chartered Certified Practice
- £72,000 GRF
- Client Portfolio consisting of 71 Limited’s, 22 Sole Traders and 6 Partnerships
- Top 3 clients between £2000 - £3000 per annum
- Flexible lease on the business premises available – retention of premises not a condition of sale
- Using Microsoft Office, IRIS for Accounts Production and Business Tax, Sage Accounts, Free agent, Moneysoft Payroll
- Clients predominately serviced on a face to face basis at the current business premises
- Loyal, hardworking staff member available for strong client retention - staff retention not a condition of sale

An opportunity to acquire a well-established business or client base from an owner with a flexible mindset to making the transition of clients and acquisition as successful as possible for all parties

For more information please call 01765 698 699 and quote the reference number 30414 ask for Lauren Burnham

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