Retiring Accountant - Accountancy Practices Sellers West Midlands - Page 2

Accountancy Practices Sellers West Midlands

Page 2 of 3
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 ask for Lauren Burnham

REQUEST BUSINESSES LIKE THIS
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 ask for Lauren Burnham

REQUEST BUSINESSES LIKE THIS
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 ask for Lauren Burnham

REQUEST BUSINESSES LIKE THIS
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 ask for Lauren Burnham

REQUEST BUSINESSES LIKE THIS
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 ask for Lauren Burnham

REQUEST BUSINESSES LIKE THIS
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 ask for Lauren Burnham

REQUEST BUSINESSES LIKE THIS
Sold Sash

Current turn over circa: £300,000

Offers over: £420,000

Established: 20 to 25 years

Gross Recurring Revenue: 200-300k

Number of staff: 3 to 5

Additional Notes:
- Strong proportion of limited companies with average fees in excess of £2,000; coupled with an average age of 45 demonstrating the quality of the firm you'd be taking on

- Loyal team of staff who take pride in offering a personal and tailored service to clients that help contribute to strong year on year retention rates

- This firm focuses predominantly on compliance work leaving ample opportunity for additional services, specifically in regards to consultancy and tax planning

- My client is keen to ensure the portfolio and staff are handed over smoothly and can offer you his time for the first 12 months post sale to ensure the highest retention rates possible

BUYER REQUIREMENTS:
- Turnover £600,000+
- Can maintain their local office for first 12 months
- Will retain all staff
- Proof of cash or funding for the offer amount
- Acquisition experience ideal but not necessary

For more information please call 01765 698 699 and quote the reference number 31110 ask for Lauren Burnham

REQUEST BUSINESSES LIKE THIS
Sold Sash

Current turn over circa: £150,000

Offers over: £195,000

Established: 20 to 25 years

Gross Recurring Revenue: 100-150k

Number of staff: 1 to 3

Additional Notes:
- Roughly 40% profit margin giving you a strong return on your investment in less than 2 and a half years

- 100% of the client base is serviced remotely giving the purchaser flexibility on their location

- Strong base of referrals akin to 4-5 per month giving you ample opportunity for further growth

- Over 80% of the clients are billed on monthly direct debit giving you instant cashflow

- Vendor is happy to provide a warm handover to suit, ensuring a seamless transition for all involved

Buyer requirements:
- Payroll ONLY firm (without an accountancy arm)
- Established for atleast 5+ years
- Cash or pre agreed funding/offer in principal for the offer amount

For more information please call 01765 698 699 and quote the reference number 31073 ask for Lauren Burnham

REQUEST BUSINESSES LIKE THIS
Sold Sash

Current turn over circa: £1,000,000

Offers over: £1,000,000

Established: 1 years

Gross Recurring Revenue: 1-2m

Number of staff: 0

Additional Notes: For valuation purposes only, not an on market opportunity.

For more information please call 01765 698 699 and quote the reference number 31059 ask for Abi Barker

REQUEST BUSINESSES LIKE THIS
Offer Sash

Current turn over circa: £50,000

Offers over: £65,000

Established: 20 to 25 years

Gross Recurring Revenue: 30-50k

Number of staff: 1

Locations: West Midlands

Additional Notes:
- More than half of the client base comprised of limited companies with an average fee of roughly £1,500 demonstrating quality of client base

- Average client age sitting at roughly 45 giving you a strong return on your investment

- Currently offering no consultancy/advisory work leaving you with ample opportunity for further expansion

- Large majority of clients serviced remotely giving the option for portability across North/Central Birmingham

- Staff member with good client relationships who can aid in transition and future continuity

For more information please call 01765 698 699 and quote the reference number 30887 ask for Lauren Burnham

REQUEST BUSINESSES LIKE THIS
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 ask for Lauren Burnham

REQUEST BUSINESSES LIKE THIS
Sold Sash

Current turn over circa: £200,000

Offers over: £260,000

Established: 25 to 30 years

Gross Recurring Revenue: 200-300k

Number of staff: 1 to 3

Locations: West Midlands

Additional Notes:
- Over 50% profit margin, that can be ported straight onto a buyers bottom line

- No consultancy offered so plenty of opportunity for further expansion

- Top 3 clients bring in £18,000 worth of fees showing both the quality and low risk nature of the firm

- Staff members available to support the transition

- Full handover offered by the existing retiring Principal

For more information please call 01765 698 699 and quote the reference number 30968 ask for Lauren Burnham

REQUEST BUSINESSES LIKE THIS
On Hold Sash

Current turn over circa: £340,000

Offers over: £442,000

Established: More than 35 years

Gross Recurring Revenue: 300-500k

Number of staff: 3 to 5

Locations: West Midlands

Additional Notes:
- Healthy proportion of limited companies with an average fee in excess of £1,500 and an average client portfolio age of 45 - 50 giving you a strong return on your investment

- This firm benefits from a team of qualified and experienced staff who have long term relationships with clients and will support a full transition providing you with continuity going forward

- No consultancy offered so plenty of opportunity for further expansion

- Full handover offered by the existing retiring Principal to ensure a smooth transition for both clients and staff to encourage high retention rates

- Top 3 clients producing £30,000 in fees demonstrating the quality of the client base as well as the low-risk nature

For more information please call 01765 698 699 and quote the reference number 30937 ask for Lauren Burnham

REQUEST BUSINESSES LIKE THIS
Offer Sash

Current turn over circa: £50,000

Offers over: £65,000

Established: 20 to 25 years

Gross Recurring Revenue: 30-50k

Number of staff: 1

Locations: West Midlands

Additional Notes:
- More than half of the client base comprised of limited companies with an average fee of roughly £1,500 demonstrating quality of client base

- Average client age sitting at roughly 45 giving you a strong return on your investment

- Currently offering no consultancy/advisory work leaving you with ample opportunity for further expansion

- Large majority of clients serviced remotely giving the option for portability across North/Central Birmingham

- Staff member with good client relationships who can aid in transition and future continuity

For more information please call 01765 698 699 and quote the reference number 30887 ask for Lauren Burnham

REQUEST BUSINESSES LIKE THIS
Offer Sash

Current turn over circa: £550,000

Offers over: £687,500

Established: More than 35 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 10 to 20

Additional Notes:
- My client, a well established practice, comes to the market for the first time due to retirement and is happy to provide a long and warm handover to suit your needs and ensure a smooth transition for clients and staff members

- This business has a portfolio of roughly 320 clients which is predominantly comprised of limited companies with a strong average fee of £1,500 demonstrating the quality of the client base. When coupled with minimal advisory and consultancy work currently being provided, there is clearly ample opportunity for further growth and development

- This firm boats a highly experienced and well structured team that provide a professional service to all clients and hold strong relationships, offering a high degree of continuity for any provider going forward

For more information please call 01765 698 699 and quote the reference number 30722 ask for Lauren Burnham

REQUEST BUSINESSES LIKE THIS
On Hold Sash

Current turn over circa: £190,000

Offers over: £237,500

Established: 20 to 25 years

Gross Recurring Revenue: 150-200k

Number of staff: 1 to 3

Locations: West Midlands

Additional Notes:
- Chartered practice coming to the market for the first time due to retirement with a view to finding a friendly firm to look after current client relationships

- With limited amounts of consultancy and advisory work currently provided there is plenty of opportunity for further growth

- This practice is made up of roughly 140 clients of which 80% are limited companies with an average fee of £1,200 demonstrating the quality of the portfolio

- The principal is eager to stay on for a period of 12-24 months following completion which will aid you in a smooth transition to ensure retention rates are as high as possible

For more information please call 01765 698 699 and quote the reference number 30677 ask for Lauren Burnham

REQUEST BUSINESSES LIKE THIS
On Hold Sash

Current turn over circa: £1,350,000

Offers over: £1,350,000

Established: 25 to 30 years

Gross Recurring Revenue: 1-2m

Number of staff: 10 to 20

Locations: West Midlands

Additional Notes:
- My client comes to the market due to retirement with a view to finding a professional and friendly firm to look after current client relationships

- This firm boasts a strong portfolio base made up of roughly 400 clients of which over 50% are limited companies with an average fee north of £3,000

- The top three clients bring in fees of over £120,000 demonstrating the quality of the portfolio and the further potential for growth

- My client is happy to stay on for a warm handover period to ensure a smooth transition for both staff and clients helping to ensure as much retention as possible

- This practice benefits from a well structured and highly qualified team who have strong relationships with all the clients and take pride in providing a tailored and personalised service which has contributed to consistent year on year growth

For more information please call 01765 698 699 and quote the reference number 30664 ask for Lauren Burnham

REQUEST BUSINESSES LIKE THIS
On Hold Sash

Current turn over circa: £500,000

Offers over: £650,000

Established: 10 to 15 years

Gross Recurring Revenue: 300-500k

Number of staff: 3 to 5

Locations: West Midlands

Additional Notes:
- This established general practice boasts a well structured team who has helped the business grow organically across the past decade highlighting the strong skillset and want for growth within the business

- With the top 3 clients bringing in over £50,000 and an average limited company fee of £3,000, you can be assured you will be taking on a high quality client base providing you with an excellent foundation going forward

- My client is looking for an opportunity that allows him to stay on as a consultant for the next 4/5 years, providing you with a great opportunity to benefit from a long phased handover period, virtually guaranteeing you the revenue and therefore reducing the risk of the acquisition

For more information please call 01765 698 699 and quote the reference number 30625 ask for Lauren Burnham

REQUEST BUSINESSES LIKE THIS
On Hold Sash

Current turn over circa: £200,000

Offers over: £240,000

Established: 30 to 35 years

Gross Recurring Revenue: 150-200k

Number of staff: 1 to 3

Locations: Worcestershire

Additional Notes:
- Well established practice coming to the market for the first time due to retirement with a view to finding a professional and personal firm to look after clients.

- The firms benefits from strong client relationships sustained since the beginning of the practice and boasts a strong average limited company fee of roughly £3,000 demonstrating the high calibre of clients within the portfolio.

- This firm currently provides a limited amount of consultancy and advisory work leaving plenty of opportunity for further expansion.

- With no premises to take on, this portfolio can be brought straight into your practice allowing you to benefit from synergy savings and shared costs.

For more information please call 01765 698 699 and quote the reference number 30616 ask for Lauren Burnham

REQUEST BUSINESSES LIKE THIS
Sold Sash

Current turn over circa: £90,000

Offers over: £108,000

Established: 15 to 20 years

Gross Recurring Revenue: 70-100k

Number of staff: 0

Additional Notes:
- Retiring owner coming to the market for the first time with the view to finding a professional and client-centric purchaser in Coventry, Meriden, Allesley, Kenilworth, Finham, Leamington Spa and surrounding areas.

- My clients business has a turnover of roughly £90,000 with a profit margin of over 70%.

- This business regularly takes on new clients through word of mouth and referrals and has maintained excellent levels of retention providing the acquirer with a great foundation of goodwill to further develop their practice.

- There is a limited amount of consultancy work provided within the business allowing for plenty of opportunity for further development and expansion.

For more information please call 01765 698 699 and quote the reference number 30582 ask for Lauren Burnham

REQUEST BUSINESSES LIKE THIS
Page 2 of 3