Up front budget: £5,000,000

Current turn over circa: £13,500,000

Cash offer: 7x EBITDA

Established since:

Locations: East Riding of Yorkshire,North Yorkshire,South Yorkshire,West Yorkshire

Additional Notes: A well-established chartered accountancy firm is poised to enter the market, driven by a strategic vision to enhance their presence in Yorkshire. Their arrival brings with it an unprecedented offer, coupled with a commitment to uphold the essence of your practice.

Here’s why you should consider this exceptional proposition:

Premium Payment and Recurring Fees: On day one, you’ll receive a premium of 60% upfront, ensuring immediate financial security. Furthermore, the buyer is prepared to offer up to 1.4 times recurring fees, maximizing the value you unlock from your firm.

Continuity and Support: Our client is eager to retain your branding, office location, and staff, ensuring seamless continuity for all involved. You can rest assured that your team will be well looked after and provided with opportunities to thrive within a larger practice environment.

Proven Track Record: With a portfolio boasting the successful acquisition of 12 businesses, our purchaser has consistently achieved an impressive client retention rate of 98%. They have a proven track record of honouring all deferred payments, instilling confidence in their commitment to your firm's success.

Additional Services: In addition to their core services, our buyer offers a range of supplementary services that could further enrich the offerings available to your clients, enhancing the overall value proposition.

This opportunity marks a pivotal moment for your firm, presenting the chance to align with a reputable partner who shares your values and is dedicated to fostering growth and prosperity.

If you’re intrigued by the prospect of exploring this partnership further, we invite you to connect with us at your earliest convenience. Our client is eager to engage with firms that are primed for growth and share their commitment to excellence.

Seize this moment to secure a future brimming with potential for yourself, your team, and your esteemed clients. We eagerly anticipate the opportunity to discuss how this partnership could be mutually beneficial.

This purchaser is actively seeking firms that align with the following criteria:

- Turnover of £200,000 - £1,500,000+
- Full team in place, preferably with a management structure
- Profitability of 25%+
- Principal willing to stay on for a minimum of six months

For more information please call 01765 698 699 and quote the reference number 181009