Accountancy Practices for Sale North East & Yorkshire

Current turn over circa: £ 100,000

Offers over: £ 90,000

Established: 20-2 years

Gross Recurring Revenue: 70-100k

Number of staff: 1-3

Locations: West Yorkshire

Locations: Yeadon

Additional Notes:
-Local client base with 25 years goodwill.
-Quality client base with a number of local limited companies.
-Respectable average fee.
-Strong potential for uplift and cross-selling.
-Retiring principle committed to a proper handover of clients.

For more information please call 01765 698 699 and quote the reference number 30060

Current turn over circa: £ 50,000

Offers over: £ 50,000

Established: 3-5 years

Gross Recurring Revenue: 30-50k

Number of staff: 0-1

Locations: Lincolnshire

Locations: Doncaster,Scunthorpe

Additional Notes:
-Mixed client base of limited companies and sole traders
-Rapidly growing client bank
-Flexible on the deal structure
-LLB qualified principle
-Using Quickbooks

For more information please call 01765 698 699 and quote the reference number 30047

Current turn over circa: £ 70,000

Offers over: £ 75,000

Established: 5-10 years

Gross Recurring Revenue: 50-70k

Number of staff: 0-1

Locations: Tyne and Wear

Locations: Newcastle

Additional Notes:
-All clients using Xero (cloud based)
-Clients can be serviced remotely
-Personal handover can be offered
-Strong client relationships built over 10 years
-Quality client base with over 50% being limited companies
-All clients are local

For more information please call 01765 698 699 and quote the reference number 30036

Current turn over circa: £ 150,000

Offers over: £ 180,000

Established: 10 to 15 years

Gross Recurring Revenue: 100-150k

Number of staff: 1 to 3

Locations: Leeds

Additional Notes:
My client, a chartered accountancy practice offers their business and loyal clients to the market, with a focus on completing at an appropriate and mutually agreeable point this year.

The GRF is generated from a portfolio of around 180 client relationships demonstrating the strong average fee levels, with the majority of clients residing within the West Yorkshire area. 40% of the portfolio are limited companies with the remaining 60% comprising sole traders, partnerships and personal clients

The practice enjoys long-term relationships with clients, including many for over 10 years since the firm’s formation, with the top three clients generating annual fees in excess of £30 000 demonstrating the high-quality nature of clients within the portfolio.

The practice receives ongoing referrals resulting in nearly one enquiry every week alongside various added-value consultancy requests, providing ample opportunity for an acquirer to capitalise on the existing relationships and progress the firm to the next level of growth and development.

The exiting proprietor is committed to being flexible with regards to an acquirer’s needs in terms of a providing a warm handover and offering the option of relocating nearby or alternatively, renting the current premises that is described by clients as an impressive office, resulting in minimal stress for an acquirer.

In addition, there are two loyal and experienced staff members on combined wages of only £35 000 that are available to continue handling client’s requirements and support the acquirer moving forward with the acquisition.

The practice is excellently placed for a new acquirer to capitalise on the existing relationships and progress the firm to the next level of growth and development. This proprietor is looking for a partner-led practice that puts client care first, will look after the loyal staff and who can ideally retain the premises (if not local).

For more information please call 01765 698 699 and quote the reference number 30170