Up front budget: 300000
Current turn over circa: undefined
Cash offer: 1.5x GRF with 80% upfront
Established since: 2010
Locations: Belfast
Additional Notes:
My client, a chartered accountancy practice is interested acquiring a block of fees or practice on flexible terms and is prepared to pay a premium price of up to 1.5x GRF with 80% upfront for the right business in the Belfast, Dunmurry, Lisburn, Moira, Lurgan, Antrim, Randalstown, Holywood, Newtownards, Bangor, Saintfield, Ballynahinch, Carrickfergus, Larne and surrounding areas.
Currently turning over nearly 1 million pounds and with consistent year-on-year organic growth of 8%, this highly successful and MTD ready practice represents a unique opportunity to provide your clients with an excellent all-encompassing service, with a thriving consultancy offering in which clients’ bottom lines have been improved by up to 40% solely from improving efficiencies. Consequently, the offering of bespoke, tailored solutions whilst still ensuring a partner-led, personal and face-to-face service delivery will leave your clients in highly capable hands, providing you with complete piece of mind moving forward.
In addition to being passionate about building strong client relationships, this firm is committed to being flexible with regards to the current owner’s needs, and depending on the size of acquisition, is keen to bring on existing staff members to their existing talented and friendly team, providing your clients with minimal changes and making the whole process as easy and stress free as possible for the current owner.
Proceeding successful previous acquisitions, this firm has well-honed processes to ensure the smoothest client transition and, boasting previous retention rates of over 90%, is well placed to ensure the highest levels of client retention. Additionally, in an acquisition completed nearly 10 years ago, over half of the clients have been retained to date, representing the true integrity of the practice. Consequently, this firm is committed to taking the long-term view and ensuring the longevity of clients post acquisition, ensuring you will receive a maximum offer on the business as well as your second and third payments.
If you are looking for a professional, flexible and forward-thinking firm to look after your clients and provide you with a maximum offer, contact to arrange a no obligation and confidential discussion.