Exeter - Practice/Block of fees Required

Exeter - Practice/Block of fees Required – Budget to £200,000

Up front budget: £ 100,000

Current turn over circa: £ 1,000,000

Cash offer: Up to 1.4 x GRF

Established since: 1992

Locations: Exeter

Additional Notes: My client, a long established chartered practice and experienced acquirer is looking for either a block of fees or practice as part of their growth plans and is looking for opportunities in and and around 20 miles of Exeter.

This is a high quality firm with a wide range of services, knowledge and experience who pride themselves on providing an attentive, family feel service proposition.

About the acquirer:
• Business established for over 25 years’
• Will pay up to 1.4x GRF for the right business
• 98% client retention
• Several long standing client relationships of over 30 years
• High retention of previous acquisitions

A premium offer will be available to practices offering;

Locations:
Exeter and up to 20 miles around

Turnover (GBP):
Up to £200,000

Client Base & Service:
General practice

Premises:
Given consideration

Practice System:
Iris, Xero, Sage, Quickbooks

Staff:
Consideration

Purchase Method:
Will pay up to 1.4x recurring fees for the right business with a deposit of 50% with completion in 2 years possibly sooner for smaller acquisitions.