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
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