Profitable Lincolnshire based practice for sale - turnover circa £400,000

Current turn over circa: £400,000

Offers over: £520,000

Established: 15 to 20 years

Gross Recurring Revenue: 300-500k

Number of staff: 3 to 5

Locations: Lincolnshire

Additional Notes:
- This is a highly profitable firm, with profit margin usually sitting at approximately 50% ensuring a strong return on any investment made.

- Making strong use of software, with a strong pipeline of clients ready to move into the business in April as part of MTD.

- Loyal, hardworking and competent team in place to provide continuity and ensure the highest retention possible.

- Vendor happy to offer a warm handover/stay in a consultancy arrangement for a period post sale to ensure a smooth transition and to help protect client goodwill.

BUYER REQUIREMENTS
- Ideally seeking a deal in which deferred payments are paid into the owner's SIP ensuring a mutually beneficial deal structure for all involved.

For more information please call 01765 698 699 and quote the reference number 30483 ask for Abi Barker