Up front budget: £300,000
Current turn over circa: £150,000
Cash offer: up to 1.4 times recurring fees
Established since: 2015
Locations: East Riding of Yorkshire,North Yorkshire,West Yorkshire
Locations: York,Tadcaster,Wetherby,Leeds,Boston,Harrogate,Ripon
Additional Notes:
-My client, a charted accountant with over 20 years’ experience, currently provides a 360 degree, value adding service, to a diverse range of clients, from small sole trader businesses to multi-million pound turnover companies. All clients received a personalised service to all clients but also have the facility to service clients remotely.
-For the right kind of practice, the acquirer is prepared to pay a premium of up to 1.4 X GRF, with up to 60 percent of the total consideration on day one and the rest paid in deferred installments over 12 to 24 months, depending on the sellers requirements and the size of the practice. Cash available for acquisitions.
-The client orientated firm are keen to retain all staff and premises where applicable to offer total continuity to all clients with a more gradual transition.
-There is a previous record of successful acquisition and subsequently the partners are prepared to acquire on flexible terms and are keen to work with someone looking to exit to ensure a seamless handover and reduce the risk of any client drop offs.
-All locations in or around Leeds, North Yorkshire and East Yorkshire will be considered and can be comfortably catered for.
For more information please call 01765 698 699 and quote the reference number 177540