Devon based acquirer - looking for practice/block of fees - budget to £600,000

Up front budget: £300,000

Current turn over circa: £500,000

Cash offer: Up to 1.3x GRF

Established since: 2000

Locations: Devon

Additional Notes:
- My client, a well established Chartered practice, comes to the market with a view to acquiring a practice or block of fees and will pay a premium of up to 1.3x GRF with 50% upfront for those located in Exeter, Okehampton, Cullompton, Totnes, Ipplepen, Paignton and surrounding areas

- With previous acquisition experience that yielded retention rates of over 95%, this acquirer has a proven track record of taking on a new client portfolio and continuing to provide an excellent level of service, giving you peace of mind your clients will be in a safe pair of hands going forward

- This firm boasts a well structured and friendly team of ACCA, CTA and ACA qualified staff who have experience in a variety of sectors and take immense pride in providing a professional and personal service, giving you the confidence both clients and staff will be well looked after

- Offering you complete flexibility, this principal is happy for you to leave after a short handover period or stay on focusing more in a consultancy role, allowing you to secure an exit strategy that suits your requirements

For more information please call 01765 698 699 and quote the reference number 179331 ask for Abi Barker

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