Retiring Accountant - Accountancy Practices Sellers West Midlands

Accountancy Practices Sellers West Midlands

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Current turn over circa: £150,000

Offers over: £150,000

Established: 5 to 10 years

Gross Recurring Revenue: 100-150k

Number of staff: 1

Locations: West Midlands

Additional Notes:
- 27 claims with average fees of £5,700

- This is a specialist R&D practice with clients across the usual sectors including science, technology and fintech

- Making strong use of software including Iris and Practiceflow

- Ideally looking for consultancy arrangement for principal to continue working with buyer post sale

For more information please call 01765 698 699 and quote the reference number 31646

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Current turn over circa: £290,000

Offers over: £406,000

Established: 10 to 15 years

Gross Recurring Revenue: 200-300k

Number of staff: 0

Locations: West Midlands

Additional Notes:
- Almost entirely limited company clients with average fees of £1,500 and a low average client age demographic of 45-50

- Making strong use of software including Xero and Free Agent

- Majority of clients serviced remotely so you can benefit from synergy savings and low overheads

BUYER REQUIREMENTS
- Must be a tech driven firm with strong experience dealing with Xero and Free Agent
- Preferable to have acquired before
- Must be able to move forward quickly
- Looking for a share sale
- Turnover in excess of £500,000 and proof of funding available

For more information please call 01765 698 699 and quote the reference number 31610

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Current turn over circa: £100,000

Offers over: £90,000

Established: 20 to 25 years

Gross Recurring Revenue: 70-100k

Number of staff: 1

Locations: Herefordshire

Additional Notes:
- Majority limited companies with average fees of £650

- Clients across Gloucestershire, Herefordshire and the County Borough of Wales

- This is a traditional small practice, making some use of software with clients still dropping off paper records and further opportunity to streamline efficiencies further

- Making use of Quickbooks

For more information please call 01765 698 699 and quote the reference number 31641

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Current turn over circa: £360,000

Offers over: £396,000

Established: 20 to 25 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: Warwickshire

Additional Notes:
- Strong percentage of limited company clients with average fees of £1,500

- Making strong use of software including Xero

- Full team of experienced and capable staff with very strong relationships with clients to ensure continuity

- Clients based all across the UK

- Clients set up on monthly billing structures

For more information please call 01765 698 699 and quote the reference number 31624

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Offer Sash

Current turn over circa: £130,000

Offers over: £130,000

Established: 5 to 10 years

Gross Recurring Revenue: 70-100k

Number of staff: 1 to 3

Locations: Shropshire

Additional Notes:
- Majority limited companies with average fees around £1,000 a low average client age demographic of 45-50

- Majority of clients serviced remotely so option to port within your existing structures and benefit from synergy savings

- Making strong use of software including Xero

For more information please call 01765 698 699 and quote the reference number 31620

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Offer Sash

Current turn over circa: £290,000

Offers over: £377,000

Established: 10 to 15 years

Gross Recurring Revenue: 200-300k

Number of staff: 1 to 3

Additional Notes: - Listing for valuation purposes only.

For more information please call 01765 698 699 and quote the reference number 31610

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Current turn over circa: £370,000

Offers over: £407,000

Established: 10 to 15 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: Herefordshire

Additional Notes:
- This is a diverse portfolio with strong average fees of £1,750 for limited company clients

- Full team of staff in place to ensure continuity and high retention

- This firm enjoys very good quality client goodwill with many clients retained in excess of 10 years

- Making strong use of software including Xero and Iris

- This is a compliance based firm with plenty of opportunity to upscale and expand services on the advisory side

For more information please call 01765 698 699 and quote the reference number 31605

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Current turn over circa: £45,000

Offers over: £36,000

Established: 20 to 25 years

Gross Recurring Revenue: 30-50k

Number of staff: 0

Locations: Worcestershire

Additional Notes:
- Majority of clients are based locally so this is a fantastic opportunity to further develop your business in this region.

- Most clients have been retained in excess of 10 years demonstrating the quality of goodwill. This is a classic retirement sale hence the age demographic of this portfolio sits at around 60.

- No overheads to inherit in terms of an office space or staff so you can benefit from synergy savings and low overheads

- 25% of the portfolio is limited company clients with average fees around £1,700.

- Making strong use of software including Sage, Iris Quickbooks and more

For more information please call 01765 698 699 and quote the reference number 31596

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Current turn over circa: £2,000,000

Offers over: £3,000,000

Established: 15 to 20 years

Gross Recurring Revenue: More than 2m

Number of staff: 10 to 20

Additional Notes:
- My client comes to the market for the first time with a view to finding a friendly and professional firm that understands the value in retaining quality team members and will put them at the forefront of the deal

- Excellent client profile boasting a healthy percentage of limited companies with strong average fees in excess of £4,000 demonstrating the quality of the practice you'd be taking on

- Excellent opportunity to upsell audit, advanced tax work and further advisory services giving you an immediate growth trajectory

- Full team of qualified and experienced staff members in place that hold fantastic relationships with clients

- Principal happy to stay on going forward to help ensure a smooth transition for all involved

BUYER REQUIRMENTS:
- Retain local presence
- Retain staff members
- Offer ongoing arrangement for Principal
- Proof of cash/funding
- Minimum 50% upfront payment

For more information please call 01765 698 699 and quote the reference number 31585

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On Hold Sash

Current turn over circa: £200,000

Offers over: £240,000

Established: 10 to 15 years

Gross Recurring Revenue: 150-200k

Number of staff: 1 to 3

Locations: Shropshire

Additional Notes:
- Majority limited companies with strong average fees of £1,800 and a low average client age demographic of 45-50

- Majority of clients based within the local area so an excellent opportunity to develop your business further in this region

- Making strong use of software including Xero, Quickbooks and more

- Principal prepared to offer a warm and flexible handover to ensure smooth transition

For more information please call 01765 698 699 and quote the reference number 31540

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Offer Sash

Current turn over circa: £1,000,000

Offers over: £1,300,000

Established: 20 to 25 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 5 to 10

Locations: Staffordshire

Additional Notes:
- Over 90% of the portfolio consists of limited company clients with very strong average fees in excess of £2,000 and above

- Majority of clients on monthly billing structures

- Significant opportunity to upsell and expand services further including audits, financial services and legacy planning

- Full team of qualified and experienced members of staff in place to ensure continuity

- Profit margin in excess of 45%

BUYER REQUIREMENTS
- Previous acquisitions experience
- Turnover in excess of £900,000-£1,000,000
- A personal client orientated approach and culture is a must for these clients

For more information please call 01765 698 699 and quote the reference number 31532

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Offer Sash

Current turn over circa: £140,000

Offers over: £168,000

Established: 25 to 30 years

Gross Recurring Revenue: 100-150k

Number of staff: 1 to 3

Locations: Worcestershire

Additional Notes:
- This portfolio boasts100 limited company clients with strong average fees ranging between £750-£3,000

- This firm boasts a fantastic reputation in the local area, receiving at least 1-2 new word of mouth referrals every month

- There is significant opportunity to upsell and expand services to grow this portfolio further including taking on quarterly VAT returns, more advisory and consultancy work, tax planning and uplifting fees further.

- This firm makes strong use of automation and software ensuring a smooth and seamless transition as we move closer towards MTD

- You will benefit from qualified and extremely efficient members of staff who hold strong relationships with the clients to ensure as much continuity as possible.

BUYER REQUIREMENTS
- Highly preferable to maintain the premises
- Must be able to move forward quickly
- Must retain staff members

For more information please call 01765 698 699 and quote the reference number 31514

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Sold Sash

Current turn over circa: £320,000

Offers over: £352,000

Established: 25 to 30 years

Gross Recurring Revenue: 300-500k

Number of staff: 3 to 5

Locations: Birmingham

Additional Notes:
- Majority limited companies with average fees of £850

- This firm currently focuses on compliance, bookkeeping and payroll but there is significant opportunity to take on additional work and upsell services including the management accounts and more consultancy work

- Currently operating on IRIS software

- Full team of experienced staff members with strong relationships with the clients ensuring continuity

BUYER REQUIREMENTS
- Must retain staff
- Must retain premises
- Turnover in excess of £450,000
- Past acquisitions experience

For more information please call 01765 698 699 and quote the reference number 31480

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Current turn over circa: £400,000

Offers over: £520,000

Established: 30 to 35 years

Gross Recurring Revenue: 300-500k

Number of staff: 3 to 5

Additional Notes:
- Adjusted 40% profitability giving you a strong return on your investment far quicker than typically seen

- Great quality client base comprised mostly of limited companies with average fees between £2-3,000 giving you a good indication of the value in the firm

- Limited consultancy offered leaving you plenty of opportunity for additional services

- Experienced and capable team with a variety of qualifications in place to manage current client relationships giving you an added level of continuity to encourage strong retention rates

- Principal happy to offer a warm handover to support the transition for all involved

BUYER REQUIREMENTS:
- Turnover £650,000+
- Must retain office
- Must retain staff
- Purchaser must be audit registered and offer this in house

For more information please call 01765 698 699 and quote the reference number 31254

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Sold Sash

Current turn over circa: £320,000

Offers over: £384,000

Established: 15 to 20 years

Gross Recurring Revenue: 200-300k

Number of staff: 3 to 5

Additional Notes:
- This is a diverse portfolio of limited companies, sole traders, partnerships and payroll with healthy average fees of £1200

- You will benefit from a team of well experienced and qualified staff members who hold strong relationships with the clients ensuring continuity

- Making strong use of software including Xero, Sage, Quickbooks, IRIS and more but with potential to streamline these further

- The option to take on an excellent office space should you require but not a condition of the sale

For more information please call 01765 698 699 and quote the reference number 31457

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On Hold Sash

Current turn over circa: £60,000

Offers over: £102,000

Established: 10 to 15 years

Gross Recurring Revenue: 50-70k

Number of staff: 0

Locations: Worcestershire

Additional Notes:
This firm is comprised of 65% bookkeeping work and the remaining in payroll, demonstrating ample opportunity to take on the accounts work and cross sell additional services

- 70% of the clients are on monthly standing order giving you instant cashflow from day one

- Large proportion of the work is serviced remotely giving flexibility to the purchaser across the Worcestershire and South Birmingham area

- My client offers a warm handover to ensure the portfolio is transferred smoothly helping contribute to strong retention rates

For more information please call 01765 698 699 and quote the reference number 31416

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Offer Sash

Current turn over circa: £80,000

Offers over: £88,000

Established: 25 to 30 years

Gross Recurring Revenue: 70-100k

Number of staff: 1 to 3

Additional Notes:
- Friendly and professional firm who take pride in providing an above and beyond service to clients aiding them in their excellent retention rates during the lifetime of the firm

- Roughly 50% of client base comprised of limited companies with average fees in excess of £1,200

- Staff who maintain great relationships with clients available to support the transition

- Full handover offered by existing principal to ensure a smooth transition for all involved

For more information please call 01765 698 699 and quote the reference number 30974

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On Hold Sash

Current turn over circa: £130,000

Offers over: £156,000

Established: 10 to 15 years

Gross Recurring Revenue: 100-150k

Number of staff: 1 to 3

Additional Notes:
- Majority limited companies with a low average client age demographic of 45-50 demonstrating the quality of the portfolio

- Making strong use of software including Xero, Quickbooks Lime Books and Tax calc

- Majority of clients are being serviced remotely so would be fully portable into your office enabling synergy savings and low overheads

- Most of the clients are based within the Birmingham area so would represent an excellent opportunity to further develop your own business in this region

For more information please call 01765 698 699 and quote the reference number 31328

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Offer Sash

Current turn over circa: £400,000

Offers over: £520,000

Established: 30 to 35 years

Gross Recurring Revenue: 300-500k

Number of staff: 3 to 5

Additional Notes:
- Adjusted 40% profitability giving you a strong return on your investment far quicker than typically seen

- Great quality client base comprised mostly of limited companies with average fees between £2-3,000 giving you a good indication of the value in the firm

- Limited consultancy offered leaving you plenty of opportunity for additional services

- Experienced and capable team with a variety of qualifications in place to manage current client relationships giving you an added level of continuity to encourage strong retention rates

- Principal happy to offer a warm handover to support the transition for all involved

BUYER REQUIREMENTS:
- Turnover £650,000+
- Must retain office
- Must retain staff

For more information please call 01765 698 699 and quote the reference number 31254

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On Hold Sash

Current turn over circa: £200,000

Offers over: £260,000

Established: 15 to 20 years

Gross Recurring Revenue: 150-200k

Number of staff: 0

Additional Notes:
- Roughly 80% adjusted profit giving you a strong return on your investment in less than 18 months

- Strong average fee in excess of £2,000 with a low average age demonstrating the quality of the client base

- Majority limited companies with ample opportunity for tax advice and consultancy work

- No premises or staff to take on giving you ultimate flexibility to port into your office if it's located in Walsall, North Birmingham, Staffordshire or surrounding areas

BUYER REQUIRMENTS:
- £400,000 Turnover
- Proof of cash or funding for the asking amount

For more information please call 01765 698 699 and quote the reference number 31205

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