Accountancy Practices Sellers West Midlands

Current turn over circa: £200,000

Offers over: £240,000

Established: 30 to 35 years

Gross Recurring Revenue: 150-200k

Number of staff: 1 to 3

Locations: Worcestershire

Additional Notes:
- Well established practice coming to the market for the first time due to retirement with a view to finding a professional and personal firm to look after clients.

- The firms benefits from strong client relationships sustained since the beginning of the practice and boasts a strong average limited company fee of roughly £3,000 demonstrating the high calibre of clients within the portfolio.

- This firm currently provides a limited amount of consultancy and advisory work leaving plenty of opportunity for further expansion.

- With no premises to take on, this portfolio can be brought straight into your practice allowing you to benefit from synergy savings and shared costs.

For more information please call 01765 698 699 and quote the reference number 30616

Current turn over circa: £90,000

Offers over: £108,000

Established: 15 to 20 years

Gross Recurring Revenue: 70-100k

Number of staff: 0

Additional Notes:
- Retiring owner coming to the market for the first time with the view to finding a professional and client-centric purchaser in Coventry, Meriden, Allesley, Kenilworth, Finham, Leamington Spa and surrounding areas.

- My clients business has a turnover of roughly £90,000 with a profit margin of over 70%.

- This business regularly takes on new clients through word of mouth and referrals and has maintained excellent levels of retention providing the acquirer with a great foundation of goodwill to further develop their practice.

- There is a limited amount of consultancy work provided within the business allowing for plenty of opportunity for further development and expansion.

For more information please call 01765 698 699 and quote the reference number 30582

Current turn over circa: £40,000

Offers over: £46,800

Established: 25 to 30 years

Gross Recurring Revenue: 30-50k

Number of staff: 0

Locations: Worcestershire

Additional Notes:
- My client, a well established general practice comes to the market with the view to finding a suitable acquirer to continue looking after client relationships in Stourport-on-Severn, Bewdley, Kidderminster, Wolverly, Cookley, Bromsgrove and surrounding areas.

- The firm has a GRF of £40,000 with an 80% profit margin. The portfolio is made up of roughly 80 clients of which 20% are limited companies and the rest are comprised of sole traders, partnerships and personal clients.

- Software used includes BTC, Payrol Manager, VT and Quickbooks.

For more information please call 01765 698 699 and quote the reference number 30570

Current turn over circa: £300,000

Offers over: £352,500

Established: 5 to 10 years

Gross Recurring Revenue: 200-300k

Number of staff: 5 to 10

Locations: Shropshire

Additional Notes: - My client, a successful Chartered Certified practice comes to the market for the first time with the view of finding a friendly and professional firm to look after current client relationships.

- The firm boasts a well structured and highly capable team of ACCA, CTA and AAT qualified staff who have strong relationships with clients and provide a personal and tailored service.

- Established for nearly a decade, this highly competent general practice has nurtured a number of longstanding client relationships since formation providing you with a strong foundation of goodwill to further develop your business.

- Software used in the business incudes BTC, Sage, Xero and Quickbooks.

For more information please call 01765 698 699 and quote the reference number 30562

Current turn over circa: £550,000

Offers over: £600,000

Established: 20 to 25 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: West Midlands

Additional Notes:
- Opportunity due to retirement
- Chartered practice
- A long-established firm with very strong client relationships
- Consistent turnover
- Good quality client base with strong average client fees of typically £3000 for limited companies and
£1800 for ST/Partnerships
- The majority of clients within 10 – 15 miles of the practice
- Clients service is tailored to client needs and requirements with clients visiting the practice for face to face meetings
- Using Xero, Iris, Sage, and software
- The business comes with sizeable premises which offer excellent capacity for growth and/or the ability to relocate an existing business into the premises
- A flexible lease is available
- Open to an asset or share sale
- Strong staff/team structure
- Full commitment to handover provided with a further commitment to part time on going consultancy from current owner if desirable
- This is a highly successful, profitable business with the present owner looking to meet interested in parties who can build on the excellent foundations and prudently take the business forward

For more information please call 01765 698 699 and quote the reference number 30220

Current turn over circa: £1,100,000

Offers over: £1,100,000

Established: More than 35 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 10 to 20

Locations: West Midlands

Additional Notes:
- Opportunity due to retirement/succession planning
- Chartered Practice
- £1.1 million GRF
- Strong profitability
- Long-established firm
- Offering the complete range of audit, accountancy, corporate finance, and taxation services to small and medium-sized businesses
- Client Portfolio consisting of 200 Limited companies, 100 Sole Traders and 30 Partnerships
- Top 3 clients £35,000 to £50,000
- Most frequent fees – Limited £2,500, Partnerships £5,000; Sole Traders £1,000
- 40-45 Audits (mostly to existing compliance client
- 85% of clients within 10 miles radius of the office
- Average client age around age 50
- Using IRIS and Sage One
- Prominent office location with a large private car park
- The premises has the potential to add a further 6-10 people and thus offers expansions capabilities
- Service proposition - 90% face to face; 10% remote
- Strong handover available with principals happy to stay on post-sale for a couple of years on a full time or part-time basis to support the transition

An excellent opportunity to acquire a strong, profitable business with owners committed to making the sale/acquisition a success for all parties

For more information please call 01765 698 699 and quote the reference number 30405

Current turn over circa: £80,000

Offers over: £75,000

Established: 15 to 20 years

Gross Recurring Revenue: 70-100k

Number of staff: 1

Locations: Wolverhampton

Additional Notes:
- Sale due to retirement
- Long established business bringing their loyal client base to the market for the first time
- A block of client fees portable into a Wolverhampton based practice or serviced by a local practitioner
- A portfolio of 40 Limited companies and 80 Sole traders/Partnerships
- Top 3 clients are £4,000. £2,000 and £2,000
- General practice
- No commitment to existing premises
- Current staff involvement is not conditional
- Strong handover available
- No debtor or WIP issues
- Not VAT registered

This seller has a flexible mindset and is committed to making the sale work for all parties.

For more information please call 01765 698 699 and quote the reference number 23057

Current turn over circa: £750,000

Offers over: £700,000

Established: 20 to 25 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 10 to 20

Locations: West Midlands

Additional Notes:
- Opportunity due to retirement
- Long established Chartered practice
- General practice looking after audits and a wide range of accountancy and tax services
- Good concentration of corporate clients
- Strong, smoothed, month to month cash flow
- 80% of clients within 20 miles of the office
- Flexible lease
- Friendly, professional and approachable business culture
- Tailored service proposition to client needs - a mix of face to face and remote servicing
- High-level service standards with same day call back commitment
- Long-serving loyal staff
- Iris, Sage Xero, Quickbooks
- Strong focused handover/retention of owner post-sale

For more information please call 01765 698 699 and quote the reference number 30321

Current turn over circa: £550,000

Offers over: £600,000

Established: 20 to 25 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: West Midlands

Additional Notes:
- Opportunity due to retirement
- Chartered practice
- A long-established firm with very strong client relationships
- Consistent turnover
- Good quality client base with strong average client fees of typically £3000 for limited companies and
£1800 for ST/Partnerships
- The majority of clients within 10 – 15 miles of the practice
- Clients service is tailored to client needs and requirements with clients visiting the practice for face to face meetings
- Using Xero, Iris, Sage, and software
- The business comes with sizeable premises which offer excellent capacity for growth and/or the ability to relocate an existing business into the premises
- A flexible lease is available
- Open to an asset or share sale
- Strong staff/team structure
- Full commitment to handover provided with a further commitment to part time on going consultancy from current owner if desirable
- This is a highly successful, profitable business with the present owner looking to meet interested in parties who can build on the excellent foundations and prudently take the business forward

For more information please call 01765 698 699 and quote the reference number 30220