Retiring Accountant - Accountancy Practices Buyers East Midlands

Accountancy Practices Buyers East Midlands

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Up front budget: £2,500,000

Current turn over circa: £11,500,000

Cash offer: 1.4x

Established since: 2005

Additional Notes: A well-established chartered accountancy firm is poised to enter the market, driven by a strategic vision to enhance their presence in the Midlands. 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 50% 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 181006

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Up front budget: £250,000

Current turn over circa: £500,000

Cash offer: up to 1.3x GRF

Established since: 2017

Locations: Leicestershire

Additional Notes:
- Prepared to pay up to 1.3x GRF for the right businesses

- Cash funded so can move forward entirely at your own pace

- Acquired on a couple of occasions successfully demonstrating a proven track record

- This is a chartered firm with a fully ICAEW accredited team with plenty of capacity to take on additional work

- This is a very client centric firm, building very strong relationships not just within the accountancy work but on a personal basis too

- Experience with high net worth and high value clients and background in top 10 firms prior to moving into practice

For more information please call 01765 698 699 and quote the reference number 180999

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Up front budget: £800,000

Current turn over circa: £2,300,000

Cash offer: 1.4x

Established since: 1930

Locations: East Midlands

Additional Notes:
- Chartered practice with a long established history
- An experienced acquirer with cash available
- Full range of accountancy services including Audit, full compliance services, specialist business services, Independent Financial Advice
- Focused on a high quality, tailored service proposition
-Software tailored to client preference, Xero, Freeagent, Kashflow, Sage
- Will provide vendor with flexible exit

For more information please call 01765 698 699 and quote the reference number 180598

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Up front budget: £500,000

Current turn over circa: £2,500,000

Cash offer: up to 1.5x

Established since: 1980

Additional Notes:
- Prepared to pay up to 1.5x GRF for the right business and able to offer flexible payment terms to suit your needs

- Experienced acquirer who has held retention rates in excess of 95% demonstrating their capability and knowledge in successfully integrating a new firm

- Flexible approach to acquisitions centred around promoting the highest level of goodwill from the retiring owner

- My client offers a unique and personal service that can be tailored to your portfolio, ensuring your quality relationships are protected

- Purely cash funded acquirer with a significant amount to put down on day one (up to 50%) you can move at your own pace and won't be let down by someone who struggles with their financing

For more information please call 01765 698 699 and quote the reference number 180415

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Up front budget: £300,000

Current turn over circa: £1,000,000

Cash offer: 1.4

Established since: 1990

Locations: Derbyshire

Additional Notes:
- Highly personable, professional and approachable firm
- Very high client retention achieved through a tailored service proposition - Face to face service and modern use of software for enhanced efficiency and client communication
- Cash available for a quick acquisition
-Software tailored to client preference, Xero, Freeagent, Kashflow, Sage
- Staff retention fully considered
- Retention of office premises fully considered

This acquirer is focused on a seamless and highly effective client transition for the greatest success for all parties

For more information please call 01765 698 699 and quote the reference number 180112

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Up front budget: £150,000

Current turn over circa: £300,000

Cash offer: 1.4 x

Established since: 24

Locations: Nottinghamshire

Additional Notes:
- Long established practice
- Face to face client visits and remote servicing
- Flexible in use of software to client preference
- Wide range of clients and broad knowledge for client benefit
- Very high client retention rate
- Staff retention fully considered and anticipated

An excellent opportunity to ensure full peace of mind for those looking to retire and ensure their clients are well looked after.

For more information please call 01765 698 699 and quote the reference number 180111

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Up front budget: £100,000

Current turn over circa: £400,000

Cash offer: Up To 1.4x (50%)

Established since: 2015

Locations: Suffolk

Locations: Ipswich

Additional Notes: My clients business has been established for 5-10 years, We provide full tax and end of year services, VAT, in house payroll, bookkeeping and business advisory services and are ready to scale.

Retiring Principle will benefit from flexibility on handover periods, high multiples and ease of mind knowing that their clients would be well looked after.

For more information please call 01765 698 699 and quote the reference number 179743

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Up front budget: £100,000

Current turn over circa: £150,000

Cash offer: 1.4x

Established since: 2010

Locations: Lincolnshire

Additional Notes: - Chartered practice
- Long established business
- Looking for either a block of fees or practice as part of their ongoing growth plans
- Principal led advice and focused on Xero.
- Fully focused on developing client relationships and taking care of clients’ interests

For more information please call 01765 698 699 and quote the reference number 179706

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Up front budget: £100,000

Current turn over circa: £200,000

Cash offer: Up To 1.4x (50% Deposit)

Established since: 2020

Locations: Northamptonshire

Locations: Northampton

Additional Notes: Experienced Accountant Looking to grow their firm through that of an acquisition in Northamptonshire.

Clients would benefit from a personalised servicing focused on effective communication to ensure the best possible servicing.

My Client has plenty of industry experience and trained in a top 15 firm and is now looking to grow his practice through that of a compliance based firm if possible.

Retiring principles would benefit from flexible terms on handover and payment structure, with cash available ready to go.

Possibility to retain premises, staff and principle if required.

For more information please call 01765 698 699 and quote the reference number 179560

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Up front budget: £50,000

Current turn over circa: £100,000

Cash offer: Up to 1.6x GRF

Established since: 2015

Additional Notes:
- Chartered practice
- Cash available and able to move quickly
- Willing to pay a premium of up to 1.6x GRF
- Flexible handover available

For more information please call 01765 698 699 and quote the reference number 179459

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Up front budget: £200,000

Current turn over circa: £1,200,000

Cash offer: up to 1.3x GRF

Established since: 1996

Locations: Leicester

Additional Notes:
- Experienced acquirer with historic success.
- Cash budget.
- Can retain staff.

For more information please call 01765 698 699 and quote the reference number 179442

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Up front budget: £2,000,000

Current turn over circa: £50,000,000

Cash offer: up to 4x adjusted EBITDA

Established since: 2018

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

Additional Notes:
- Cash funded (not PE).
- Not a typical consolidator model.
- Will acquire on either EBITDA or GRF multiple.
- Will retain all staff and premises where applicable.
- Can retain proprietor.

For more information please call 01765 698 699 and quote the reference number 179395

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Up front budget: £100,000

Current turn over circa: £150,000

Cash offer: up to 1.3x (50% Deposit)

Established since: 2005

Locations: Buckinghamshire

Locations: Milton Keynes

Additional Notes: Qualified and experienced practice owner looking to bolt on fees up to £150,000

The retiring principle will benefit from market competitive multiples and payment structure, with handover flexibility.

Clients will benefit from a cloud based and personalised service, headed by a FCMA qualified principle and great team

Typical client turnover between £10k/£200k

For more information please call 01765 698 699 and quote the reference number 179339

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Up front budget: £200,000

Current turn over circa: £2,000,000

Cash offer: up to 1.3x GRF

Established since: 2000

Locations: Nottingham

Additional Notes:
- Cash budget for acquisition.
- Proven tack record of high client retention with previous acquisitions.
- Chartered frim and staff.

For more information please call 01765 698 699 and quote the reference number 179327

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Up front budget: £150,000

Current turn over circa: £175,000

Cash offer: up to 1.4x GRF

Established since: 2015

Locations: Nottinghamshire,Leicestershire

Additional Notes:
My client, a partner led, chartered certified practice with previous acquisitions experience are looking to build their existing local business through the acquisition of another small practice or block of fees using available cash.

**A premium offer will be available to practices offering;**

Locations: Leicester or Nottingham and surrounding areas.
Turnover: £30,000 - £200,000
Client Base: A mixed general practice or client bank is preferred ideally with a good number of limited companies.
Premises & Cost: Would rather not retain further premises.
Practice System: Cloud based systems are desirable.
Staff: Will gladly retain staff.

Additional Points: ACCA qualified staff, clients personally serviced by the principle of the firm, high retention rate with previous acquisitions.

Preferred Purchase Method: For the right business exceptional valuations of up to 1.4x gross recurring fees are available with a deposit of up to 50% paid up front with the remainder over 12 to 24 months dependent on the size of the practice.

For more information please call 01765 698 699 and quote the reference number 176284

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Up front budget: £400,000

Current turn over circa: £2,000,000

Cash offer: up to 1.3x GRF

Established since: 1990

Locations: Leicestershire

Additional Notes:
-Cash budget.
-Flexible payment terms can be offered.
-Can retain staff and premises where applicable.
-Prior acquisitions experience and success.

For more information please call 01765 698 699 and quote the reference number 179243

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Up front budget: £100,000

Current turn over circa: £300,000

Cash offer: up to 1.3x GRF

Established since: 2008

Locations: Leicestershire

Additional Notes:
- Will retain staff.
- Cash budget - offering up to 50% on completion.
- Internal capacity to ensure continual client service.

For more information please call 01765 698 699 and quote the reference number 179221

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Up front budget: £300,000

Current turn over circa: £360,000

Cash offer: up to 1.3x GRF

Established since: 2001

Locations: Nottinghamshire

Locations: Grantham

Additional Notes:
- Will retain staff and additionally, premises (where applicable).
- Consultancy style accountancy service offered to all clients, with an emphasis on client growth.
- Cash funded acquisition.

For more information please call 01765 698 699 and quote the reference number 179211

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Up front budget: £100,000

Current turn over circa: £400,000

Cash offer: up to 1.3x GRF

Established since: 1990

Locations: Leicester,Derby

Additional Notes:
- Cash available for a swift purchase.
- Prior acquisitions experience.
- Will retain staff and premises where applicable.

For more information please call 01765 698 699 and quote the reference number 179166

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Up front budget: £100,000

Current turn over circa: £200,000

Cash offer: up to 1.4x GRF

Established since: 2006

Locations: Peterborough

Additional Notes:
-Previous acquisitions experience.
-Cash budget.
-Can retain staff.

For more information please call 01765 698 699 and quote the reference number 179144

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