Up front budget: £ 60,000
Current turn over circa: £ 50,000
Cash offer: 1.5x
Established since: 2018
Locations: Manchester,Rochdale,Bolton
Additional Notes:
My client, a growing 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 up to 75% upfront for the right business in the Bolton, Bury, Rochdale, Ramsbottom, Farnworth, Ashton-under-Lyne, Oldham, Manchester, Middleton, Rawtenstall, Prestwich and surrounding areas.
This company is looking for either a block of fees to bring into their operations and bolster current growth or alternatively, a practice that will house the firms existing clients, maintaining existing operations including both premises and staff retention to support the acquirer’s organic growth. Consequently, this buyer is fully committed to being flexible with regards to the current owner’s needs and would seek to reverse engineering existing operations to find the best solutions for clients moving forward, allowing full adaptability to ensure the longevity of clients post acquisition, resulting in minimal upheaval and maximum client retention levels, ensuring that full payment will be received.
The recently established practice is run by a highly ambitious principle that has added £5 000 worth of GRF organically in just the last two months from happy and high referring clients. Obviously highly adept, the principle is a qualified accountant that has a wealth of experience in both accounts and corporate finance, representing an excellent opportunity to leave your clients in safe hands.
This vibrant acquirer represents the perfect opportunity to provide your clients with an ongoing personal service and maintain your existing operations moving forward. In addition, the practice has the cash available to fund further expansion via acquisitions, resulting in a quick process, not wasting any of your time and providing you with a premium offer on the business.
For more information please call 01765 698 699 and quote the reference number 176825