Current turn over circa: £550,000
Offers over: £500,000
Established: 5 to 10 years
Gross Recurring Revenue: 300-500k
Number of staff: 5 to 10
Locations: Somerset
Additional Notes:
- Chartered practice
- Owner led service proposition
- £500,000 GRF
- The client portfolio consists of 235 Limited companies, 27 Partnerships, 119 Sole traders
- Average fees of £1800 for limited companies, £900 for Partnerships and £600 for Sole traders
- Top clients delivering £36,000, £26,000 and £14,000
- Average client ages 45-50
- Excellent use of software including Xero, Quickbooks, Tax calc, Virtual Cabinet, GoProposal, Sage and more
- 90% of clients serviced remotely by phone and email
The owner is interested in possible merger opportunities or being acquired by a larger business and becoming a regional hub.
The focus is on developing a larger mass of clients to deliver efficiencies of scale and also realise client revenue potential across the client base.
The owner has a flexible approach to a sale/new business relationship understanding the importance of making the outcome viable for both parties
For more information please call 01765 698 699 and quote the reference number 30277
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