Retiring Accountant - Accountancy Practices Sellers South West and Wales - Page 6

Accountancy Practices for Sale South West

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Current turn over circa: £370,000

Offers over: £385,000

Established: 15 to 20 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: Carmarthenshire

Additional Notes:
- Chartered practitioner
- Established business of over 15 years
- Committed handover to ensure full transference of client goodwill and ensure the highest amount of client retention is achieved
- The opportunity is to acquire a well-established and high quality firm from a hands on and experienced owner/practitioner
- The majority of the 350 clients are within a 15 miles radius of the practice
- Circa 40% of clients paying monthly by standing order providing a good business cash flow.
- Loyal well organised with long service experience providing an efficient, organised infrastructure
- General practice providing stat accounting, tax advice, payroll, VAT returns
- Enjoying annual organic growth, through a strong reputation and high level of referrals
- The practice uses Iris and VT software and presents an excellent opportunity to acquire a long established and already profitable, organised practice, with strong client relations and good average fees.

For more information please call 01765 698 699 and quote the reference number 29992

Current turn over circa: £80,000

Offers over: £80,000

Established: 30 to 35 years

Gross Recurring Revenue: 70-100k

Number of staff: 1 to 3

Locations: Dorset

Additional Notes:
- Opportunity due to retirement
- Long established business
- Sole practitioner
- £80,000 GRF from 80 clients
- Localised client base all within 15 miles of the office location
- Flexible lease which is not a condition of the sale
- Excellent client relationships
- Good staff support structure - not a condition of the sale
- Committed handover
- Sage software

This seller is fully committed to making things work for the incoming business owner.

For more information please call 01765 698 699 and quote the reference number 30280

REQUEST INFORMATION
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Current turn over circa: £550,000

Offers over: £500,000

Established: 5 to 10 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: Somerset

Additional Notes:
- Chartered practice
- Owner led service proposition
- £500,000 GRF
- The client portfolio consists of 235 Limited companies, 27 Partnerships, 119 Sole traders
- Average fees of £1800 for limited companies, £900 for Partnerships and £600 for Sole traders
- Top clients delivering £36,000, £26,000 and £14,000
- Average client ages 45-50
- Excellent use of software including Xero, Quickbooks, Tax calc, Virtual Cabinet, GoProposal, Sage and more
- 90% of clients serviced remotely by phone and email

The owner is interested in possible merger opportunities or being acquired by a larger business and becoming a regional hub.

The focus is on developing a larger mass of clients to deliver efficiencies of scale and also realise client revenue potential across the client base.

The owner has a flexible approach to a sale/new business relationship understanding the importance of making the outcome viable for both parties

For more information please call 01765 698 699 and quote the reference number 30277

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Current turn over circa: £400,000

Offers over: £350,000

Established: 25 to 30 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: Wiltshire

Additional Notes:
- Long established practice
- Focused on providing a high-quality, accurate, needs-based service
- Providing Tax, Compliance, Payroll, business advisory, forecasting and planning, profit extraction and more
- The practice employs both monthly and event billing and enjoys a very healthy £30,000 monthly cash flow
- Sole practitioner looking to provide a committed handover and open to being retained with the business post-sale
- 90% of clients are service remotely by phone and email
- Average client age between 45-50
- The practice uses Digita, and Sage 50
- Flexible lease with some portability within the Swindon area

This is a highly successful practitioner who has a flexible mindset in their approach to the construct of the deal to ensure the highest level of success for both parties.


For more information please call 01765 698 699 and quote the reference number 30276

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Current turn over circa: £100,000

Offers over: £110,000

Established: 1 to 3 years

Gross Recurring Revenue: 70-100k

Number of staff: 1 to 3

Locations: Worcestershire

Locations: Worcester

Additional Notes:

A loyal client base of 60 Ltd Co's and 100 Sole Traders across Worcester, Stratford, Evesham and South Birmingham looking to sell their practice and focus on their F.D. Role.

Established over 12 Years and demonstrating annual growth their clients enjoy face to face, partner led advice supported by 2 part time Bookkeepers whom have built relationships with the clients.

Typical fees for Ltd Co's range from £750 - £1,200 and Sole Traders £300 - £500. Software used includes V.T., Moneysoft, Tax Calc and Quickbooks.

The principal can provide a day a week of consultancy to aidd the handover of clients if required.

For more information please call 01765 698 699 and quote the reference number 30274

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Current turn over circa: £285,000

Offers over: £300,000

Established: 3 to 5 years

Gross Recurring Revenue: 200-300k

Number of staff: 5 to 10

Locations: Devon

Additional Notes:
- Chartered practice
- £275,000 GRF
- Completely cloud-based
- Excellent growth
- Excellent new business development system
- Strong profitability
- Good staff structure and organised workflow
- 80% of clients serviced by phone and email promoting very high efficiencies
- Xero, Quickbooks
- Young client age profile
- Committed handover from the current owner

This is an excellent opportunity to acquire a modern practice with an excellent reputation and proven business development system

For more information please call 01765 698 699 and quote the reference number 30273

Current turn over circa: £935,000

Offers over: £935,000

Established: 25 to 30 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 10 to 20

Locations: Somerset

Additional Notes:
- Opportunity due to retirement
- Long established Chartered practice
- Providing compliance accounting, taxation services and much more
- 468 Limited companies, 394 ST/Partnerships
- Localised client base
- A large emphasis on face to face service to develop strong long term client relationships and deliver a needs focused service proposition
- Long-serving, well organised staff strcuture
- Part monthly billing provided good cash flow
- No debtor issues
- Using Iris, Xero, Moneysoft, and Sage
- Opportunities identified to lift turnover to over £1 million
- The business grows through client referrals and would benefit further by a cohesive marketing campaign
- The firm enjoys many Long term client relationships providing testimony to their high level of client service and client satisfaction

For more information please call 01765 698 699 and quote the reference number 30269

REQUEST INFORMATION
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Current turn over circa: £200,000

Offers over: £220,000

Established: 10 to 15 years

Gross Recurring Revenue: 150-200k

Number of staff: 1 to 3

Locations: Bristol

Additional Notes:
- Chartered practice
- Long established and built from nothing by the present owner
- Sole owner
- Excellent monthly cashflow of £13,000 - £15,000
- Cloud-based practice - Kashflow, Quickbooks, Xero, Freeagent
- Also using virtual cabinet
- 145 Limited companies, 204 ST/Partnerships, 95 Payrolls
- Flexible lease
- Largely a remote service proposition with clients visiting the office if they have queries or to drop off information
- No debtor or WIP issues
- Committed handover
- Flexibility regarding completion timeframe
- Flexible staff position

This is an excellent opportunity to acquire a very profitable business making excellent use of software and enjoying an excellent client reputation.

For more information please call 01765 698 699 and quote the reference number 30266

Current turn over circa: £220,000

Offers over: £220,000

Established: 3 to 5 years

Gross Recurring Revenue: 200-300k

Number of staff: 5 to 10

Locations: Plymouth

Additional Notes:
- Chartered Certified practice
- General Practice providing accounts, tax, VAT, Payroll, some bookkeeping etc
- Using Xero, Quickbooks, Freeagent
- An experienced owner who is fully committed to an effective handover and transitioning the business relationships
- A sole general practitioner the firm deals mainly with small owner-managed businesses
- Localised client base
- Good staff infrastructure
- Consistent organic growth and new client enquiries


For more information please call 01765 698 699 and quote the reference number 30258

REQUEST INFORMATION
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Current turn over circa: £450,000

Offers over: £450,000

Established: 3 to 5 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: Wiltshire

Additional Notes:
West Wiltshire – Chartered Certified Practice - £450,000 T/O
- Opportunity due to retirement
- Very modern, proactive Chartered Certified Practice
- Circa £400,000 GRF
- 60 clients – 54 limited companies, 5 sole traders and 1 partnership
- Monthly billing providing excellent business cash flow
- No Audits
- The business employs an excellent use of technology, incorporating a wide use of the latest software. The firm has worked hard to build the right systems and organisational structure to ensure scalability, and delivers a fully paperless, efficient cloud based proposition
- The business provides a full range of business services including real time reporting and data access and is focused on proactive business advisory not just compliance
- Services include, compliance returns, book keeping, management accounting, forecasting and business planning, R&D tax credits, VAT, Payroll and more with many clients using the firm to provide their fully outsourced finance department
- The practice also facilitates Xero set up and training, and deploys an excellent social media presence to maintain client contact/connection and create a visible presence for the development of new client relationships
- The firm has experienced incredible high double digit growth over the past 3 years
- Full commitment/handover is being provided along with the flexibility to retain one of the owners of the business if desired

For more information please call 01765 698 699 and quote the reference number 30248

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Current turn over circa: £150,000

Offers over: £180,000

Established: 5 to 10 years

Gross Recurring Revenue: 150-200k

Number of staff: 1 to 3

Locations: Dorset

Additional Notes:
- Chartered Certified Practice
- Established business 9 years
- £150,000 GRF from 60 clients
- 58 limited companies and 2 sole traders
- Excellent client age demographic
- 97% of clients serviced remotely by phone, email, client portal etc
- Xero, Receipt Bank, Tax Filer and Senta software
- Almost all clients pay monthly by standing order providing excellent cash flow of of over £12,000 per month
- The majority of clients in the Bournemouth and Dorset area
- No commitment to premises
- Asset sale

The present owner is looking to provide a professional and committed handover to ensure strong relationships can be forged between clients and the new owner to ensure the highest level of client retention.

For more information please call 01765 698 699 and quote the reference number 29967

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Current turn over circa: £170,000

Offers over: £160,000

Established: 25 to 30 years

Gross Recurring Revenue: 150-200k

Number of staff: 1 to 3

Locations: Pembrokeshire

Additional Notes:
Excellent opportunity for someone looking for a well established turn key business.

Suitable for either a local firm looking to leverage their growth and take market or someone looking to relocate to Pembrokeshire and capitalise on an excellent business opportunity in a beautiful part of the world.

- Sales opportunity due to retirement
- Long-established firm with very strong client relationships
- Consistent turnover
- Good average client demographic
- Excellent scope to develop the business for additional value and receive a faster return on investment
- Highly recommended business
- Long term client relationships
- High client satisfaction rates
- Flexible lease
- Full commitment to facilitate client relationship transfer with the current owner happy to continue in some capacity post-sale
- All clients within 20 miles of the office providing a good localized client portfolio
- No WIP or Debtor issues
- Relaxed and friendly work environment and client service ethos
-Asset Sale




For more information please call 01765 698 699 and quote the reference number 30179

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Current turn over circa: £115,000

Offers over: £130,000

Established: 20 to 25 years

Gross Recurring Revenue: 100-150k

Number of staff: 1

Locations: Oxfordshire

Additional Notes:
- Brought to the market for the first time due to retirement
- Qualified practice
- No commitment to premises
- No ongoing staff commitment
- Localised client base within 20 miles of current office location
- Sage software
- 32 payrolls
- No IR35
- Very minimal/no WIP
- No debtor issues
- Opportunity to add an extra £10-£15,000 of annual income from insourcing some outsourced work
- No audit work

An excellent opportunity to acquire a well-established practice/block of fees.

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

A typcial general practice portfolio with excellent goodwill built over two decades.

For more information please call 01765 698 699 and quote the reference number 30217

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Current turn over circa: £500,000

Offers over: £550,000

Established: 20-2 years

Gross Recurring Revenue: 300-500k

Number of staff: 3-5

Locations: Oxfordshire

Additional Notes:
- Chartered practice
- Localised client base
- 200 Ltd Companies
- Excellent Chartered and Chartered Certified qualified, client facing staff who are essential to a successful transition
- Annual Payroll of £200,000
- Flexible exit strategies on offer from a tax focussed principal who is happy to carry on post-sale if desirable
- Ltd Company fee range from £700 - £10,000.
- Practice is using IRIS, Sage & Xero software
- This is a highly successful, well-structured business with the present owner interested in meeting with acquirers looking to build on the excellent foundations and prudently take the business forward

For more information please call 01765 698 699 and quote the reference number 30056

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Current turn over circa: £ 230,000

Offers over: £ 250,000

Established: 3 to 5 years

Gross Recurring Revenue: 200-300k

Number of staff: 5 to 10

Locations: Hampshire

Additional Notes:
- Sale due to retirement
- Chartered Practice
- Excellent staff structure and efficient work flow
- Flexible lease
- Over 50% of clients on cloud
- Xero, Quickbooks and Keytime

Excellent opportunity to acquire a strong, profitable business which is well organized and making excellent use of technology for client benefit and business efficiency.

For more information please call 01765 698 699 and quote the reference number 30195

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Current turn over circa: £ 30,000

Offers over: £ 26,000

Established: 5 to 10 years

Gross Recurring Revenue: <30k

Number of staff: 0

Locations: Wiltshire

Additional Notes:
- Chartered practice
- Fees generated largely from compliance work
- Clients serviced largely by email and phone
- Block of fees/Asset sale
- No incumbent staff
- No commitment to premises
- Typical general practice client base
- Flexible completion date
- Handover provided
- Good spread of fees

For more information please call 01765 698 699 and quote the reference number 30188

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Current turn over circa: £ 170,000

Offers over: £ 160,000

Established: 25 to 30 years

Gross Recurring Revenue: 150-200k

Number of staff: 1 to 3

Locations: Pembrokeshire

Additional Notes:
- Opportunity due to retirement
- Long-established firm with very strong client relationships
- Consistent turnover
- Average client ages under 50
- Excellent scope to develop the business for additional value and faster return on investment
- Highly recommended business
- Long term client relationships - testimony to the strong client relationships and client satisfaction
- Flexible lease
- Full commitment to facilitate client relationship transfer with current owner happy to continue in some capacity post-sale
- All clients within 20 miles of the office providing a good localized client portfolio
- No WIP or Debtor issues
- Relaxed and friendly work environment and client service ethos
-Asset Sale





For more information please call 01765 698 699 and quote the reference number 30179

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Current turn over circa: £ 90,000

Offers over: £ 90,000

Established: 25 to 30 years

Gross Recurring Revenue: 70-100k

Number of staff: 0

Locations: Devon

Additional Notes:
- Opportunity due to retirement
- Long established practice
- Clients aged typically 50 - 65
- No office commitment
- Minimal face to face service, clients mostly serviced by phone and email
- Fees derived from compliance and payroll, no bookkeeping
- Committed handover
- No staff commitment
- VAT registered

For more information please call 01765 698 699 and quote the reference number 30171

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Current turn over circa: £ 400,000

Offers over: £ 480,000

Established: 10 t years

Gross Recurring Revenue: 300-500k

Number of staff: 3 to 5

Locations: Wiltshire

Additional Notes:
- Chartered practice
- Well established over 10 years
- Good profitability with excellent growth potential
- A portfolio consisting largely of medical clients - Doctors, Dentists, Consultants
- Flexible lease
- Systems – CCH, Xero
- Good tax knowledge required
- Committed handover with the potential for owner retention post sale
- Good continuity of long serving, qualified staff with good organizational structure
- This is a highly referred business with a quality, professional client base

For more information please call 01765 698 699 and quote the reference number 30161

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Current turn over circa: £ 200,000

Offers over: £ 220,000

Established: 15-2 years

Gross Recurring Revenue: 200-300k

Number of staff: 3-5

Locations: Devon

Additional Notes: • Chartered practice
• Established over 15 years
• £200,000 GRF
• 281 clients – 80 Ltds Average fees £700-£800
• Top 3 clients - £13,000, £10,000 £5,000
• Majority of Clients aged typically age 30 – 50
• Flexible lease
• Good profitability with additional efficiencies and cost savings possible
• Growing practice with increasing turnover and increasing client numbers
• Systems – VT Accounting, Keytime, Xero
• Tailored billing
• Majority of clients within 10 miles of Plymouth
• Preference for face to face client service
• Book keeping 15%, tax compliance mostly
• Committed handover with possibility for retention of owner if desirable
• Flexible staff structure

For more information please call 01765 698 699 and quote the reference number 30076

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