Retiring Accountant - Accountancy Practices Sellers North West & Cumbria - Page 2

Accountancy Practices for Sale North West & Cumbria

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Current turn over circa: £60,000

Offers over: £78,000

Established: 3 to 5 years

Gross Recurring Revenue: 50-70k

Number of staff: 0

Additional Notes:
- Majority of the clients are limited companies with average fees of £1,800 with a low average client age of 45

- All clients are placed on monthly billing structures

- There are no overheads to inherit with this firm

- The firm currently focuses on bookkeeping, year end accounts and self-assessments however the client has indicated there is ample opportunity to upsell services towards more financial advisory and consultancy work

- The principal is happy to offer a warm handover period to ensure continuity for clients and high retention

BUYER REQUIREMENTS:
- Must be comfortable using Free Agent software

For more information please call 01765 698 699 and quote the reference number 31362

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Current turn over circa: £260,000

Offers over: £312,000

Established: 25 to 30 years

Gross Recurring Revenue: 200-300k

Number of staff: 3 to 5

Locations: Staffordshire

Additional Notes:

- The firm focuses mostly on compliance work with average fees sitting at £1,300

- The firm boasts a qualified and experienced team of staff who all hold strong relationships with clients

- My client has a strong reputation in the area so this is a unique opportunity to enter the local market

- This firm is making good use of online software

BUYER REQUIREMENTS:
- must retain staff and local office space

For more information please call 01765 698 699 and quote the reference number 31353

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Current turn over circa: £260,000

Offers over: £312,000

Established: 25 to 30 years

Gross Recurring Revenue: 200-300k

Number of staff: 3 to 5

Additional Notes:

- The firm focuses mostly on compliance work with average fees sitting at £1,300

- The firm boasts a qualified and experienced team of staff who all hold strong relationships with clients

- My client has a strong reputation in the area so this is a unique opportunity to enter the local market

- This firm is making good use of online software

BUYER REQUIREMENTS:
- must retain staff and local office space

For more information please call 01765 698 699 and quote the reference number 31353

Current turn over circa: £550,000

Offers over: £742,500

Established: 20 to 25 years

Gross Recurring Revenue: 300-500k

Number of staff: 3 to 5

Additional Notes:
- This firm benefits from an excellent office space with easy access providing an attractive geographical location and strong foundation in the area for your business

- You'll benefit from an experienced team of staff with qualifications including ACCA, AAT, ACA and more who take pride in providing a professional service and hold strong relationships with clients giving you the added benefit of continuity

- Over 50% of the portfolio is compromised of limited companies, with a low average client age of 45 and healthy average fees between £1,250-£1750 demonstrating the high quality nature of the business you'd be taking on
- Making strong use of software including Xero, Digita, Bright Pay and Free Agent

- My client boasts a well established firm with a strong history in the area, giving you an excellent opportunity to start or develop your North West base and will happily offer a warm handover to suit you to ensure a smooth and successful transition for all involved.

BUYER REQUIREMENTS
- Must retain office space and staff

For more information please call 01765 698 699 and quote the reference number 31324

REQUEST INFORMATION

Current turn over circa: £400,000

Offers over: £500,000

Established: 10-1 years

Gross Recurring Revenue: 300-500k

Number of staff: 5-10

Locations: Southport

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

The exiting proprietor is committed to being flexible with regards to an acquirer’s needs in terms of a handover offering anything between 6 months and three years with the option of relocating nearby or alternatively, renting the current premises, resulting in minimal stress for an acquirer.

The GRF is generated from a portfolio of around 400 client relationships with the majority of clients residing within 10 miles of the practice. 30% of the portfolio are limited companies with the remaining 70% comprising sole traders, partnerships and personal clients.

The practice enjoys long-term relationships with clients, including many for nearly a decade since the firm’s formation, with the top three clients generating annual fees of over £20 000 demonstrating the low risk levels associated with the portfolio.

The practice is technologically adept, with further opportunities available in terms of streamlining processes and provides a service described as trustworthy, approachable and timely, thus providing ample opportunity for an acquirer to grow using the outstanding goodwill.

The practice comes with a full complement of loyal staff members, with some capacity available within the team and receives ongoing referrals resulting in at least one enquiry every week, providing ample opportunities to capitalise on the existing relationships and progress the firm to the next level of growth and development.

The practice is excellently placed for an 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 practice that puts clients and staff well being first and who can be flexible in terms of deal timings and handover capacity.

For more information please call 01765 698 699 and quote the reference number 30126

REQUEST INFORMATION

Current turn over circa: £550,000

Offers over: £742,500

Established: 20 to 25 years

Gross Recurring Revenue: 300-500k

Number of staff: 3 to 5

Additional Notes:
- This firm benefits from an excellent office space with easy access providing an attractive geographical location and strong foundation in the area for your business

- You'll benefit from an experienced team of staff with qualifications including ACCA, AAT, ACA and more who take pride in providing a professional service and hold strong relationships with clients giving you the added benefit of continuity

- Over 50% of the portfolio is compromised of limited companies, with a low average client age of 45 and healthy average fees between £1,250-£1750 demonstrating the high quality nature of the business you'd be taking on
- Making strong use of software including Xero, Digita, Bright Pay and Free Agent

- My client boasts a well established firm with a strong history in the area, giving you an excellent opportunity to start or develop your North West base and will happily offer a warm handover to suit you to ensure a smooth and successful transition for all involved.

BUYER REQUIREMENTS
- Must retain office space and staff

For more information please call 01765 698 699 and quote the reference number 31324

REQUEST INFORMATION
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Current turn over circa: £80,000

Offers over: £104,000

Established: 5 to 10 years

Gross Recurring Revenue: 70-100k

Number of staff: 0

Locations: Greater Manchester

Additional Notes:
- There are no overheads to inherit with this firm meaning this opportunity represents a significant chunk of revenue to add straight onto your bottom line

- The principal is happy to offer a warm handover to suit your needs giving you the added benefit of continuity and in these instances we see the highest retention rates so you will get a return on every penny spent

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

- The client base holds a low client age of 45-50 demonstrating the longevity in the portfolio contributing to a strong return on your investment

BUYER REQUIREMENTS
- Must retain office space



For more information please call 01765 698 699 and quote the reference number 30818

Current turn over circa: £2,000,000

Offers over: £3,750,000

Established: 25 to 30 years

Gross Recurring Revenue: 1-2m

Number of staff: 10 to 20

Additional Notes:
- Well established firm coming to the market with a view to finding a larger group/network to join forces with to further develop the business

- Principals happy to offer a warm handover and leave or stay retained on a consutlancy basis

- Well experienced team in place to support transition and add continuity going forward for clients

- Quality client base with a strong percentage of limited companies and a low average age of 45

- Strong top-level management available for longer-term support in running the practice

For more information please call 01765 698 699 and quote the reference number 31280

REQUEST INFORMATION

Current turn over circa: £250,000

Offers over: £300,000

Established: 10 to 15 years

Gross Recurring Revenue: 200-300k

Number of staff: 1 to 3

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

- In addition to a supporting team the principal is eager to offer a warm handover to suit your needs ensuring the highest retention rated possible

- Roughly 50% of the client base uses online software demonstrating the modern approach the vendor is taking allowing for an easier transition, whilst offering room for further efficiencies when you take over

- My client focuses his business on compliance and has clients who are actively looking for advisory/consulting and more complicated tax work, giving you plenty of opportunity to offer additional services

For more information please call 01765 698 699 and quote the reference number 31268

REQUEST INFORMATION

Current turn over circa: £200,000

Offers over: £240,000

Established: 10 to 15 years

Gross Recurring Revenue: 150-200k

Number of staff: 3 to 5

Additional Notes:
- The firm benefits from 1-2 new client enquires per week demonstrating the consistent flow of new leads, so you can benefit from a firm with year on year growth without the additional cost of marketing

- In addition to a supporting team the principal is eager to offer a warm handover to suit your needs, ensuring the highest retention rates possible

- The portfolio holds a strong client base with average client ages up to 45, showing the longevity of the client base you'll be bringing on

- The firms adjusted profitability is just over 40% allowing you to see a return on your investment in just over two years

For more information please call 01765 698 699 and quote the reference number 31262

REQUEST INFORMATION
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Current turn over circa: £150,000

Offers over: £180,000

Established: 15 to 20 years

Gross Recurring Revenue: 100-150k

Number of staff: 1 to 3

Additional Notes:
- The portfolio holds majority limited companies with average fees between £1,200 - £2,000 demonstrating the quality of the client base you'll be bringing on

- My client is supported by a team of experienced staff who will help ensure continuity for the clients and increase retention rates

- The vendor is eager to provide a full handover to guarantee a smooth transition for all involved and will happily look to stay on in a consultancy capacity going forward

- The firm has a strong percentage of clients who are actively looking for consultancy/ advisory work, giving you plenty of room to offer additional services

BUYER REQUIREMENTS
- Turnover £250,000
- Will retain staff

For more information please call 01765 698 699 and quote the reference number 31250

Current turn over circa: £300,000

Offers over: £340,000

Established: 25 to 30 years

Gross Recurring Revenue: 200-300k

Number of staff: 3 to 5

Additional Notes:
- Principle exiting due to retirement

- The portfolio holds a strong percentage of limited companies with average fees between £1,000 - £2,000 demonstrating the quality of the client base you'll be bringing on

- My client receives 1-2 new client enquiries each week with a typical conversion rate of 95%, so you can benefit from a firm with consistent year on year growth without the additional cost of marketing

- The firm benefits from a full team of experienced staff who are there to help going forward, giving continuity for the clients so you are more likely to see strong retention rates

BUYER REQUIREMENTS;
- Turnover £450,000
- Will retain premises
- Will retain staff

For more information please call 01765 698 699 and quote the reference number 31245

REQUEST INFORMATION

Current turn over circa: £1,000,000

Offers over: £1,200,000

Established: 15 to 20 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 10 to 20

Locations: Greater Manchester

Additional Notes:
- Chartered Certified Practice

- Top 3 clients generating fees ranging from £32,000 to £53,000 demonstrating the quality type of client base

- Fee income generated 62% from compliance and payroll and 21% Audit & 17% from Consultancy

- Average client age between 45-50

- The practice uses Digita, Sage and Xero

- This practice boasts a well structured team who have strong relationships with the clients which will aid you in a smooth and seamless transition post completion

- Ideally, the purchaser of this business would hold an audit licence, retain the premises at least initially and would offer the principal a longer transition period and aid in high client retention post acquisition

For more information please call 01765 698 699 and quote the reference number 30992

REQUEST INFORMATION

Current turn over circa: £70,000

Offers over: £84,000

Established: More than 35 years

Gross Recurring Revenue: 50-70k

Number of staff: 1

Locations: Lancashire

Additional Notes:
- This principal comes to the market for the first time with the view to finding a modern firm to nurture and develop current client relationships

- Fully portable within Lancaster

- This portfolio boasts a strong percentage of limited companies with an average fee ranging between £1,000 to £1,400, demonstrating the quality of the client base

- no overheads to inherrit

- Happy to provide a warm handover to ensure the highest possible retention rates

For more information please call 01765 698 699 and quote the reference number 30991

REQUEST INFORMATION

Current turn over circa: £75,000

Offers over: £90,000

Established: 25 to 30 years

Gross Recurring Revenue: 50-70k

Number of staff: 0

Locations: Lancashire

Additional Notes:
- Made up from 100 clients demonstrating the high-quality average fee

- Systems – Sage, Quickbooks, Moneysoft

- Well established with client relationships of over 30 years

- Looking to exit due to retirement whilst retaining a part-time ongoing involvement in the practice

- Top 3 clients generating annual fees of over £9,000

- The majority of income from a local client base

- Highly profitable and portable fee base with no overheads

For more information please call 01765 698 699 and quote the reference number 30200

REQUEST INFORMATION
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Current turn over circa: £60,000

Offers over: £75,000

Established: 20 to 25 years

Gross Recurring Revenue: 50-70k

Number of staff: 0

Locations: Lancashire

Additional Notes: - An excellent opportunity to acquire a well-established block of fees

- No staff or premises - no overheads to inherit

- Average client age between 45-50

- Top 3 clients providing fees of £2900 to 4150 Demonstrating the quality type of client base.

- Circa 80 clients made up of 34 Limited Companies, 27 sole traders and 4 Partnerships.

- 75% compliance work, 10% Payroll, and only 15% book keeping

- Full commitment from the current owner to provide an effective handover to transition the client relationships

For more information please call 01765 698 699 and quote the reference number 30883

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Current turn over circa: £240,000

Offers over: £280,000

Established: 25 to 30 years

Gross Recurring Revenue: 200-300k

Number of staff: 1 to 3

Locations: Cheshire

Additional Notes: - My client, a Chartered firm, is coming to the market for the first time due to retirement and is happy to provide any acquirer with a long and warm handover to ensure a smooth transition for current clients and employees

- Client portfolio comprises 84 limited companies, 30 Sole Trader’s, 4 partnerships which combine to produce 180 total Tax returns

- Top 3 clients generating fees of £6,000 - £8,000

- Using software including Xero, Sage & CCH my client has very much embraced the modern era which will aid in a seamless transition in the future

- Qualified staff members available to support the transition and help continue client relationships

For more information please call 01765 698 699 and quote the reference number 30881

sold sash banner

Current turn over circa: £240,000

Offers over: £280,000

Established: 25 to 30 years

Gross Recurring Revenue: 200-300k

Number of staff: 1 to 3

Locations: Cheshire

Additional Notes: - My client, a Chartered firm, is coming to the market for the first time due to retirement and is happy to provide any acquirer with a long and warm handover to ensure a smooth transition for current clients and employees

- Client portfolio comprises 84 limited companies, 30 Sole Trader’s, 4 partnerships which combine to produce 180 total Tax returns

- Top 3 clients generating fees of £6,000 - £8,000

- Using software including Xero, Sage & CCH my client has very much embraced the modern era which will aid in a seamless transition in the future

- Qualified staff members available to support the transition and help continue client relationships

For more information please call 01765 698 699 and quote the reference number 30881

sold sash banner

Current turn over circa: £240,000

Offers over: £280,000

Established: 25 to 30 years

Gross Recurring Revenue: 200-300k

Number of staff: 1 to 3

Locations: Cheshire

Additional Notes: - My client, a Chartered firm, is coming to the market for the first time due to retirement and is happy to provide any acquirer with a long and warm handover to ensure a smooth transition for current clients and employees

- Client portfolio comprises 84 limited companies, 30 Sole Trader’s, 4 partnerships which combine to produce 180 total Tax returns

- Top 3 clients generating fees of £6,000 - £8,000

- Using software including Xero, Sage & CCH my client has very much embraced the modern era which will aid in a seamless transition in the future

- Qualified staff members available to support the transition and help continue client relationships

For more information please call 01765 698 699 and quote the reference number 30881

sold sash banner

Current turn over circa: £240,000

Offers over: £280,000

Established: 25 to 30 years

Gross Recurring Revenue: 200-300k

Number of staff: 1 to 3

Locations: Cheshire

Additional Notes: - My client, a Chartered firm, is coming to the market for the first time due to retirement and is happy to provide any acquirer with a long and warm handover to ensure a smooth transition for current clients and employees

- Client portfolio comprises 84 limited companies, 30 Sole Trader’s, 4 partnerships which combine to produce 180 total Tax returns

- Top 3 clients generating fees of £6,000 - £8,000

- Using software including Xero, Sage & CCH my client has very much embraced the modern era which will aid in a seamless transition in the future

- Qualified staff members available to support the transition and help continue client relationships

For more information please call 01765 698 699 and quote the reference number 30881

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