Retiring Accountant - Accountancy Practices Sellers London & South East - Page 2

Accountancy Practices for Sale In London & South East

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Current turn over circa: £1,300,000

Offers over: £3,000,000

Established: 10 to 15 years

Gross Recurring Revenue: 1-2m

Number of staff: 5 to 10

Additional Notes:
- Excellent profitability in excess of 50% giving you a strong return on your investment going forward

- 75% of the fees are made up of audit work with the remainder as general practice

- Circa 50 clients demonstrating the quality nature of the firm and future potential to offer additional services

- Full team in place to support a transition who hold strong client relationships helping contribute to higher retention rates

- Principal happy to offer warm handover to suit your needs

For more information please call 01765 698 699 and quote the reference number 31385

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Current turn over circa: £80,000

Offers over: £104,000

Established: 20 to 25 years

Gross Recurring Revenue: 30-50k

Number of staff: 1 to 3

Locations: Kent

Additional Notes:
- A concise client base made up of majority limited companies with healthy average fees bolstered by management consultancy

- This firm boasts an exceptionally loyal client base, with the majority of clients retained for between ten to fifteen years

- You will benefit from experienced members of staff who have held strong relationships with the clients for over ten years ensuring continuity and protected client goodwill

- Making strong use of software including Xero and Quickbooks

For more information please call 01765 698 699 and quote the reference number 31381

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Current turn over circa: £300,000

Offers over: £450,000

Established: 25 to 30 years

Gross Recurring Revenue: 200-300k

Number of staff: 3 to 5

Additional Notes:
- Well established firm with long standing clients that offer you a unique opportunity to develop in the area and further build a base for your practice

- Strong percentage of limited companies with an average demographic of 45 giving you great longevity within the firm, maximising your returns for years to come

- Full team of staff who will be there to support a transition to ensure a seamless takeover giving you the best chance at retaining the maximum amount of clients

- Focus on general practice leaving ample opportunity to offer additional services, specifically consultancy work and advanced tax advice

BUYER REQUIRMENTS:
- Retain office or offer a similar local presence
- Proof of cash or financing for the offer amount
- Turnover circa £400,000+

For more information please call 01765 698 699 and quote the reference number 31369

Current turn over circa: £75,000

Offers over: £93,750

Established: 15 to 20 years

Gross Recurring Revenue: 70-100k

Number of staff: 0

Additional Notes:
- My client comes to the market to offer their cloud based business with a view to finding a firm that is either based in or happy to hold a presence in central Southampton, Romsey, North Baddesley, Eastleigh and surrounding areas

- Roughly 25% of the firm is made up of limited companies and the rest is comprised heavily of individual personal tax clients with a handful of sole traders

- Light touch work that would need the equivalent of one full time member of staff to manage

- Full handover provided to ensure a smooth transition for all involved, contributing to stronger retention rates

BUYER REQUIREMENTS:
- Chartered firm
- Locations as above
- Proof of cash or financing for the offer amount

For more information please call 01765 698 699 and quote the reference number 31364

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Current turn over circa: £550,000

Offers over: £770,000

Established: 10 to 15 years

Gross Recurring Revenue: 300-500k

Number of staff: 3 to 5

Additional Notes:
- 95% of clients are using Xero comfortably allowing purchasers a smooth integration if they're currently using the same software

- 75% of clients are limited companies with average fees of £2,000 and a low demographic of 45 demonstrating the quality of the fees available

- Ample opportunity to offer new services including consultancy, advanced tax advice and more

- Full team of staff in place to help ease the transition and offer additional support

- 90% of clients paying via monthly direct debit giving you instant cashflow from day one

BUYER REQUIREMENTS:
- Turnover £1mil +
- Proof of cash or funding for asking price
- Minimum 50% upfront payment

For more information please call 01765 698 699 and quote the reference number 31350

REQUEST INFORMATION
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Current turn over circa: £300,000

Offers over: £390,000

Established: 10 to 15 years

Gross Recurring Revenue: 200-300k

Number of staff: 1 to 3

Additional Notes:
- Predominantly bookkeeping based services with the opportunity for you to assume the accounting work leaving ample opportunity for further development

- Good quality team in place who hold strong relationships with clients that can help aid in a smooth transition helping contribute to healthy retention rates

- Majority limited companies with average fees between £2,500-3,500 demonstrating quality of clients

- Principal happy to offer a warm handover to suit your needs

For more information please call 01765 698 699 and quote the reference number 31343

sold sash banner

Current turn over circa: £25,000

Offers over: £27,500

Established: 10 to 15 years

Gross Recurring Revenue: <30k

Number of staff: 0

Locations: Essex,Suffolk

Additional Notes:
- My client comes to the market with a view to retiring and selling their concise block of fees to a friendly firm with a personal service

- Would be portable within the Norfolk, Suffolk and Essex counties

- Majority of clients made up of limited companies with a young average age of 45-50

- Light touch clients who are used to remote working

- My client is mindful roughly 50% of the limited companies are VAT registered so it may be better suited to a non VAT registered buyer, however they are open to other options assuming this can be managed

- We would ideally be looking for a swift exit by Christmas 2023 and the principal will offer a warm handover to ensure the highest retention rates possible

For more information please call 01765 698 699 and quote the reference number 30071

Current turn over circa: £500,000

Offers over: £650,000

Established: 20 to 25 years

Gross Recurring Revenue: 300-500k

Number of staff: 3 to 5

Additional Notes:
- Well established practice coming to the open market for the first time with a view to retiring and passing clients over to a friendly and approachable firm that will maintain a local presence

- Majority limited companies with healthy average fees of roughly £1,500 to £2,000 and a low demographic of 45 demonstrating the quality of the clients available

- Experienced staff who hold nearly all of the relationships with clients will be available to support the transition going forward providing an excellent element of continuity

- With a main focus on compliance this firm offers scope to provide additional services including consultancy and tax advisory

- Principal will offer a warm and flexible exit to suit your needs, helping to contribute to the strongest retention rates possible

BUYER REQUIREMENTS:
- Turnover £750,000+
- MUST maintain local presence
- MUST retain staff
- Share purchase

For more information please call 01765 698 699 and quote the reference number 31329

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Current turn over circa: £300,000

Offers over: £420,000

Established: 15 to 20 years

Gross Recurring Revenue: 200-300k

Number of staff: 1 to 3

Additional Notes:
- Client base almost entirely comprised of limited companies with average fees of £1,500-2,000 and a low demographic of 45 giving you an excellent foundation to further build on

- Majority of services focus on compliance leaving ample opportunity to offer additional work including tax advice

- Would be portable into your office in Saffron Walden, Linton, Haverhill, Newmarket, Cambridge, Waterbeach, Ely, St Ives, Huntingdon, Royson and surrounding areas - alternatively you could make use of their office space in the local area

- Team in place to support transition who hold great relationships and offer an excellent service to clients giving you the added benefit of continuity to support the transition period

- Principal happy to offer a warm handover to encourage the strongest retention rates possible

BUYER REQUIREMENTS:
- Turnover £750,000+
- Proof of cash or financing for offer amount
- Must maintain presence in the local area
- Firm must be offering a personal service to clients that can be continued with this acquisition
- Minimum 50% upfront payment

For more information please call 01765 698 699 and quote the reference number 31327

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Current turn over circa: £210,000

Offers over: £283,500

Established: 30 to 35 years

Gross Recurring Revenue: 100-150k

Number of staff: 3 to 5

Additional Notes:
- Majority of the clients are limited companies with average fees of £2000 highlighting the quality of the firm you would be taking on

- You will benefit from a team of experienced staff who have all held strong relationships with clients for at least five years ensuring continuity for the client base

- Making strong use of software including Digita, Xero and Sage

- The principal is willing to stay on for a warm handover of 12 months or longer ensuring a smooth and successful transition for all involved

BUYER REQUIREMENTS
- Must retain the premises and staff
- Preferable to be able to converse with clients in Hindi or have an Indian background/client portfolio
- Strong tax knowledge

For more information please call 01765 698 699 and quote the reference number 30870

REQUEST INFORMATION
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Current turn over circa: £250,000

Offers over: £337,500

Established: More than 35 years

Gross Recurring Revenue: 200-300k

Number of staff: 1 to 3

Additional Notes: - Adjusted 45% profit margin that can be ported straight onto your bottom line

- Over 50% of the portfolio is comprised of limited companies with an average fee of £4,000-5,000 and a low client age of 45 demonstrating the high quality nature of the business

- Majority of clients are local to the Berkshire/North Hampshire area giving you a great foundation in the area to further develop your own business

- With a main focus on compliance, my client leaves ample opportunity for you to offer additional services such as consultancy work and more advanced tax advice

- Uses software including Xero, Capium and Practice Ignition

- Can be portable into your office if you are located in the North Hampshire/Berkshire area or alternatively, you can make use of a low cost office

- The principal is open to offering a warm and flexible handover to suit your needs encouraging the highest retention rates possible

BUYER REQUIREMENTS
- Must have good tax knowledge (CTA preferred)

For more information please call 01765 698 699 and quote the reference number 31286

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Current turn over circa: £200,000

Offers over: £270,000

Established: 10 to 15 years

Gross Recurring Revenue: 150-200k

Number of staff: 1 to 3

Additional Notes:
- Adjusted 40% profit margin that can be ported straight onto your bottom line

- Over 50% of the portfolio is comprised of limited companies with an average fee of £1,800 and a low client age of 45 demonstrating the high quality nature of the business

- With a main focus on compliance, my client leaves ample opportunity for you to offer additional services such as consultancy work and more advanced tax advice

- This firm is handled completely remotely so would be fully portable into your office so you can benefit from synergy savings and low overheads

- Majority of clients are local to the Surrey area giving you a great foundation in the area to further develop your own business

- The principal is open to offering a warm and flexible handover to suit your needs encouraging the highest retention rates possible

For more information please call 01765 698 699 and quote the reference number 31295

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Current turn over circa: £750,000

Offers over: £937,500

Established: 25 to 30 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 10 to 20

Locations: Greater London

Additional Notes:
- My client comes to the market to offer their well established practice that can be ported straight into your office across the London area and is eager to find a friendly and professional firm, ideally with acquisition experience, to continue client and staff relationships

- The portfolio is strongly comprised of limited companies with average fees in excess of £2,500 and a low client age of 45, demonstrating the quality of clients you'd be taking on

- Full team in place who work from home and have good relationships with clients; they are eager to stay onboard to support you going forward

- With a focus on compliance, this firm leaves ample opportunity to offer consultancy services

- Principal will happily stay on for a warm handover and will offer a consultancy agreement for the first two years giving you plenty of flexibility to find an exit that works for both parties

BUYER REQUIREMENTS:
- Turnover £1,100,000+
- Established for over 8 years
- Acquisition experience is not essential but will be heavily favoured in the shortlisting process
- As firm is making great use of online software, the purchaser will need to be technologically inclined

For more information please call 01765 698 699 and quote the reference number 30703

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Current turn over circa: £250,000

Offers over: £337,500

Established: More than 35 years

Gross Recurring Revenue: 200-300k

Number of staff: 1 to 3

Additional Notes: - Adjusted 45% profit margin that can be ported straight onto your bottom line

- Over 50% of the portfolio is comprised of limited companies with an average fee of £4,000-5,000 and a low client age of 45 demonstrating the high quality nature of the business

- Majority of clients are local to the Berkshire/North Hampshire area giving you a great foundation in the area to further develop your own business

- With a main focus on compliance, my client leaves ample opportunity for you to offer additional services such as consultancy work and more advanced tax advice

- Uses software including Xero, Capium and Practice Ignition

- Can be portable into your office if you are located in the North Hampshire/Berkshire area or alternatively, you can make use of a low cost office

- The principal is open to offering a warm and flexible handover to suit your needs encouraging the highest retention rates possible

For more information please call 01765 698 699 and quote the reference number 31286

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Current turn over circa: £250,000

Offers over: £325,000

Established: 10 to 15 years

Gross Recurring Revenue: 200-300k

Number of staff: 5 to 10

Locations: East Sussex

Locations: Brighton

Additional Notes:
- The portfolio holds majority limited companies with average fees between £4,400 - £5,000 demonstrating the quality of client base you'll be bringing on

- In addition to a full supporting team the principal is eager for a warm handover to suit your needs and to stay on in the coming years ensuring the highest retention rates possible

- Roughly 90% of the client base uses online software demonstrating the modern approach the vendor is taking allowing for an easier transition

- The firm has strong profitability levels of nearly 40% allowing you to see a return on your investment in just over 2 years which is faster than the market average

For more information please call 01765 698 699 and quote the reference number 30302

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Current turn over circa: £100,000

Offers over: £130,000

Established: 10 to 15 years

Gross Recurring Revenue: 70-100k

Number of staff: 0

Locations: Northamptonshire

Additional Notes:
- Fully portable to someone located in the Northampton area

- Nearly all clients on monthly direct debit providing an instant cashflow from day one

- No consultancy offered so plenty of opportunity for further expansion

- Top 3 fees £3,000, £3,100 & £3,600 demonstrating the low risk nature of the firm

- Using VT Accounts and Transactions, Xero, Digita and Sage

- Happy to offer warm handover to suit purchasers needs

For more information please call 01765 698 699 and quote the reference number 30330

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Current turn over circa: £250,000

Offers over: £325,000

Established: 15 to 20 years

Gross Recurring Revenue: 200-300k

Number of staff: 1 to 3

Additional Notes:
- Strong proportion of limited companies with average fees between £2,500-3,000 demonstrating the quality of the client base

- Team available to support transition giving you excellent continuity to encourage strong retention rates

- Well established firm with long standing client relationships giving you an excellent foundation of goodwill

- Adjusted 45% profitability allowing you a strong return on your investment in just over two years

BUYER REQUIREMENTS:
- North/North West London location or happy to maintain a local presence
- Turnover £400,000+
- Proof of cash/funding for offer amount
- Will retain key staff members
- As a third of clients have a Greek background it would be more favourable (but not essential) if the purchaser/their staff could speak Greek

For more information please call 01765 698 699 and quote the reference number 31266

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Current turn over circa: £100,000

Offers over: £150,000

Established: 10 to 15 years

Gross Recurring Revenue: 100-150k

Number of staff: 0

Additional Notes:
- Majority limited companies with average fees between £1,800 - £2,500 demonstrating the quality of the client base

- Principal happy to offer a warm handover and would be interested in a part time consultancy role going forward

- Fantastic opportunity to offer additional services including consultancy/advisory and tax advice

BUYER REQUIREMENTS
- Turnover £300,000+
- Acquisition experience
- Proof of cash or financing of asking price

For more information please call 01765 698 699 and quote the reference number 31257

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Current turn over circa: £150,000

Offers over: £225,000

Established: 15 to 20 years

Gross Recurring Revenue: 100-150k

Number of staff: 0

Additional Notes:
- Well established business coming to the market with a view to finding a professional firm to manage current client relationships

- Adjusted 60% profitability giving you an excellent return on your investment in less than two years

- Compliance focused business leaving you with ample opportunity for further growth through additional services

- Principal happy to offer you a warm handover and will consider a consultancy agreement

BUYER REQUIREMENTS:
- Turnover 500,000+
- Professional firm that offer one to one tailored services to clients
- Established 10+ years
- Excellent use of technology

For more information please call 01765 698 699 and quote the reference number 31256

Current turn over circa: £500,000

Offers over: £650,000

Established: 15 to 20 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Additional Notes:
- Almost entirely comprised of limited companies with high average fees of roughly £10,000 and a low average age of 45 giving you a clear indication of the quality of firm you'd be taking on

- This firm is serviced on a remote basis and makes use of a well experienced team that hold strong relationships with the clients demonstrating the exceptional use of cloudbased technology

- There is currently little advanced tax advice or services provided in the firm giving you ample opportunity to develop this further and boost the revenue from day one

- The principal will provide a smooth and warm handover to suit your needs encouraging the highest retention rates possible

Following on from extreme interest in the practice please only get in touch if you meet the below...
BUYER REQUIREMENTS:
- Turnover £850,000 +
- Proof of cash or funding for the asking amount
- Modern firm that puts a strong emphasis on technology or is in the process of pushing the firm this way
- Will retain the staff

For more information please call 01765 698 699 and quote the reference number 31199

REQUEST INFORMATION
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