Accountancy Practices for Sale South West

Current turn over circa: £ 70,000

Offers over: £ 55,000

Established: 15-2 years

Gross Recurring Revenue: 50-70k

Number of staff: 0-1

Locations: Bristol

Additional Notes:
- Opportunity due to retirement
- Chartered Tax Adviser practice focused on UK tax work for High Net Worth clients, Corporate clients, Partnerships and Trusts
- Work undertaken includes Tax Returns, Income/Expenditure, a couple of Trusts, VAT, Payroll
- Clients serviced largely remotely, over 97% of the time, with clients located across several postcode areas with a handful of overseas clients
- Preference is for a Chartered Tax Adviser or Chartered firm with good tax and high net worth client experience
- Geography of acquirer location not considered an issue

For more information please call 01765 698 699 and quote the reference number 30132 ask for Abi Barker

Current turn over circa: £ 60,000

Offers over: £ 50,000

Established: More years

Gross Recurring Revenue: 30-50k

Number of staff: 0-1

Locations: Exeter

Additional Notes:
- Opportunity due to retirement
- Long established Chartered Tax Adviser business
- Income made up specifically of tax work - personal, corporate partnership tax, Non-Resident Landlords etc
- The owner has a full relationship with clients and thus there is scope to add additional services across the client portfolio
- Highly committed handover to facilitate the highest level of client retention and transfer of goodwill
- No commitment to office premises with local portability to North/Central Exeter, Tiverton, and surrounding area
- Digita software

For more information please call 01765 698 699 and quote the reference number 30131 ask for Abi Barker

Current turn over circa: £ 325,000

Offers over: £ 300,000

Established: 10-1 years

Gross Recurring Revenue: 200-300k

Number of staff: 1-3

Locations: Cornwall

Additional Notes:
- Very experienced chartered tax adviser within the practice
- Monthly income fee structure
- Double-digit business growth
- Very high client retention rates
- Value add focused business with very strong client relationships
- Xero cloud-based, future ready business
- Opportunity to enhance income streams with further services and increase profitability
- Flexible lease

For more information please call 01765 698 699 and quote the reference number 30110 ask for Abi Barker

Current turn over circa: £ 250,000

Offers over: £ 250,000

Established: 15-2 years

Gross Recurring Revenue: 200-300k

Number of staff: 0-1

Locations: Hampshire

Additional Notes:
- Service charge accounts/property related specialist which can easily fit alongside accountancy services
- The business has had an increasing turnover for 15 years
- For sale due to retirement
- Long standing client relationships
- Highly profitable
- Scope to increase profitability through insourcing and provision of additional tax services
- Full commitment from current owner to facilitate a smooth transition and handover
- Flexible payment terms
- No commitment to existing premises
- Offered with full support and without commitment to existing staff
- A fantastic opportunity for a professional firm to add a highly profitable income stream to an existing practice

For more information please call 01765 698 699 and quote the reference number 30108 ask for Abi Barker

Current turn over circa: £ 50,000

Offers over: £ 40,000

Established: 5-10 years

Gross Recurring Revenue: 30-50k

Number of staff: 0-1

Locations: Plymouth

Additional Notes:
- Presented to he market for the first time due to retirement
- Highly experienced professional from top 4 background
- Mostly tax work – Tax returns, CGT, some IHT and tax disclosures
- Opportunity to cross-sell additional services
- Software used is Xero, Freeagent, VT, BTC, and Brightpay
- Good hand over to be provided with support for 12 months post-sale
- 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 30104 ask for Abi Barker

Current turn over circa: £ 1,400,000

Offers over: £ 1,100,000

Established: 25-3 years

Gross Recurring Revenue: 1-2m

Number of staff: 10-20

Locations: Somerset

Additional Notes:

- The opportunity is presented due to retirement
- £1.4 million turnover
- Xero partner
- High volume of new enquiries
- A full complement of qualified staff
- General practice portfolio
- The current owner is amenable to providing a good degree of flexibility to facilitate the new acquirer in capitalising on increased profitability opportunities
- Leased premises
- Early contact is recommended to fully understand the scope of the opportunity

For more information please call 01765 698 699 and quote the reference number 30100 ask for Abi Barker

Current turn over circa: £ 180,000

Offers over: £ 175,000

Established: 25-3 years

Gross Recurring Revenue: 150-200k

Number of staff: 1-3

Locations: Carmarthenshire

Additional Notes:
• Chartered practice
• £160,000 GRF
• 160 clients - Ltd, Sole Traders, Partnerships, Farmers, 2x Audits, Personal Tax
• Flexible lease
• Qualified staff
• High profitability with additional efficiencies and cost savings possible
• Top 3 clients over £10,000, £7,000 and £5,000
• Systems – Sage, Tax filer, Auto Rec
• Clients all within 40 miles of the practice, the majority within 20 miles
• Face to face service proposition
• Committed client handover with the Current owner happy to continue for 2-3 years if desired

For more information please call 01765 698 699 and quote the reference number 30084 ask for Abi Barker

Current turn over circa: £ 90,000

Offers over: £ 90,000

Established: 15-2 years

Gross Recurring Revenue: 70-100k

Number of staff: 0-1

Locations: Southampton

Additional Notes: • Established over 15 years
• £75,000 GRF
• VAT registered
• 84 clients – 44 Limited companies, No Audit
• Average client age under 50
• No premises commitment
• No staff commitment
• Excellent profitable opportunity with additional efficiencies and cost savings possible
• Growth opportunities - high demand from new clients
• Systems – Sage, Xero, VT
• The majority of income from a local client base
• Some face to face but increasing remote client servicing
• 22 London clients - remotely serviced
• Committed handover with flexible exit -open to straight forward sale or retention of the current owner if desirable

For more information please call 01765 698 699 and quote the reference number 30083 ask for Abi Barker

Current turn over circa: £ 320,000

Offers over: £ 380,000

Established: 25-3 years

Gross Recurring Revenue: 300-500k

Number of staff: 3-5

Locations: Dorset

Additional Notes: • Consistent revenue figures
• Good profitability
• Top 3 clients - £15,000 £7,000, £4,500
• 62 Ltds, 54 unregistered businesses, 195 personal tax
• Clients on Iris – Xero, Sage, Quickbooks
• Mostly remote servicing by phone, email, skype – face to face meetings are required but typically one client every two weeks for a face to face meeting
• Committed handover with the current owner happy to be involved for up to a year
• Flexible staff structure
• No office premises included with the sale
• The firm enjoys very high client retention
• Long terms client relationships enjoyed with a broad range of client ages
• Asset sale

For more information please call 01765 698 699 and quote the reference number 30075 ask for Abi Barker

Current turn over circa: £ 150,000

Offers over: £ 130,000

Established: 20-2 years

Gross Recurring Revenue: 100-150k

Number of staff: 0-1

Locations: Exeter

Additional Notes: My client, a qualified accountant with an established business of over 20 years offers their practice and on-going support to the market for the first time.

With an eye on retirement this practitioner represents an opportunity for a deferred acquisition of a well-established business and portfolio of clients in and around the Exeter and South Exeter area.
The portfolio of 150 clients comprises 75 limited companies, 69 Sole traders, 6 partnerships and most recently completed 240 tax returns.

The owner is looking to continue in the business for a period before either part or full retirement. The opportunity therefore is to work collaboratively in the short term and benefit from sharing resources, facilitating changing industry demands, provide referral opportunities and enhance profitability with a view to taking over the business either gradually or in full at a future point.

This is a general practice providing the full suite of accountancy services including stat accounts, VAT, and payroll with currently 85% of income generated from compliance, only 10% from book keeping and 5% from payroll.
Opportunities therefore exist for additional services/enhanced income across the portfolio which can be considered and agreed.

With the largest clients commanding fees of £15,000 and between £6-7,000 this is an excellent localised book of clients and opportunity to work with a seasoned professional and develop strong client relationships to ensure the highest levels of client retention at point of full acquisition.

The practice currently uses IRIS software and presents an excellent opportunity for the right acquirer.

The vendor is open to negotiation and discussion with interested parties with claw back provision under the right terms.

For more information please call 01765 698 699 and quote the reference number 30052 ask for Abi Barker

Current turn over circa: £ 45,000

Offers over: £ 50,000

Established: 20-2 years

Gross Recurring Revenue: 30-50k

Number of staff: 0-1

Locations: South Glamorgan

Locations: Cardiff

Additional Notes:

Deferred Sale Option available - Details available on request

Total Clients: 50 (15 Ltd Companies)

Premises Available: £500 PCM

Est. over 20 years in Cardiff, loyal, local (mainly) client with fees to £3000.

Flexible principle keen to provide a full and thorough handover of relationships.

For more information please call 01765 698 699 and quote the reference number 22838 ask for Abi Barker