Retiring Accountant - Accountancy Practices Sellers London & South East - Page 8

Accountancy Practices for Sale In London & South East

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Sold Sash

Current turn over circa: £100,000

Offers over: £130,000

Established: 15 to 20 years

Gross Recurring Revenue: 70-100k

Number of staff: 1 to 3

Locations: Hertfordshire

Locations: Hemel Hempstead

Additional Notes: Circa 80 Clients

Weighted towards LTD's

Average client age of 50-55

Avg LTD fee - £2000

Centralised Practice

My client is currently exploring a local option - ON HOLD

For more information please call 01765 698 699 and quote the reference number 30811 ask for Abi Barker

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Sold Sash

Current turn over circa: £130,000

Offers over: £138,000

Established: 30 to 35 years

Gross Recurring Revenue: 100-150k

Number of staff: 3 to 5

Locations: Kent

Locations: Tunbridge Wells

Additional Notes: Retiring principle looking for succession to their well established and profitable practice in the next 12 months.

The practice briefly comprises;

480 clients;
102 Ltd Co's - Typical Fee £1300.00
301 Sole Traders - Typical Fee £120.00
200 Statutory Tax returns - Typical Fee £90.00
102 Partnerships - Typical Fee £300.00
80 Payrolls - Typical Fee £80.00
Young average client age of up to 45
3 members of staff headed by 2 Principles

Circa £40,000 EBITDA (Principles salaries not included)

For more information please call 01765 698 699 and quote the reference number 30807 ask for Abi Barker

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Sold Sash

Current turn over circa: £41,000

Offers over: £50,000

Established: 20 to 25 years

Gross Recurring Revenue: 30-50k

Number of staff: 0

Locations: Berkshire

Locations: Slough

Additional Notes: Retiring principle looking for succession to their well established practice.

The practice briefly comprises;

31 clients;
10 Ltd Co's - Typical Fee £2000
14 Sole Traders - Typical Fee £450
65 Tax returns - Typical Fee £200
Young average client age of 50+

My client is looking for a local firm and is able to provide a short but flexible handover to ensure the best retention of the clients.

For more information please call 01765 698 699 and quote the reference number 30806 ask for Abi Barker

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On Hold Sash

Current turn over circa: £550,000

Offers over: £636,000

Established: 20 to 25 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 5 to 10

Locations: Surrey

Locations: Kingston upon Thames

Additional Notes: 2 Principals with an eye on succession offer their established practice for sale with their succession planned over the course of a 2 years

The practice briefly comprises;

- 150 Ltd Co's - Typical Fee £2000.00

- 45 Sole Traders - Typical Fee - £575.00

- Fully Qualified/ Qualifying Team working alongside the principals.

- 6 Year Lease Ending December 2027 - £19,950 Per
Annum (Highstreet office) 1220sq feet - 6 rooms

- Average Client Age of 45/50

- Circa £120,000 EBITDA

My Client is looking for a home for their lifeswork alongside a future employment possibility within the firm, the potentiall buyer should be able or currently service high networth individuals (annual pension allowance/share schemes/venture capital trusts/complicated capital gains tax)

For more information please call 01765 698 699 and quote the reference number 30805 ask for Abi Barker

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Offer Sash

Current turn over circa: £40,000

Offers over: £45,000

Established: 10 to 15 years

Gross Recurring Revenue: 30-50k

Number of staff: 0

Locations: Greater London

Additional Notes:

My client a UK based, Spanish National with 10 clients based in Spain but with requirements in the UK is looking to retire and requires a buyer for his clients.

Full handover is provided and although a Spanish speaker would be ideal, knowledge of overseas buisnesses is essential.

Fully portable practice with no staff or premises.

For more information please call 01765 698 699 and quote the reference number 30801 ask for Abi Barker

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On Hold Sash

Current turn over circa: £120,000

Offers over: £120,000

Established: 5 to 10 years

Gross Recurring Revenue: 100-150k

Number of staff: 1 to 3

Locations: Essex

Additional Notes:
Cloud Specialist firm with majority of the 50 clients remote managed and enjoying the benefits of Xero.

Focussed on the whole on Bookkeeping and Payroll with some cross sales to to compliance but immediate benefit to the buyer if they focus on this.

2 part time staff available for client novation and continuity.

Completely portable base of Ltd companies to a firm focussed on the use of Xero

For more information please call 01765 698 699 and quote the reference number 30799 ask for Abi Barker

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Sold Sash

Current turn over circa: £130,000

Offers over: £169,000

Established: 5 to 10 years

Gross Recurring Revenue: 100-150k

Number of staff: 1 to 3

Additional Notes:
- My client comes to the market to find a forward thinking and professional firm to look after current client relationships and staff members

- This firm boasts a portfolio made up largely of limited companies, all of which are paying on monthly direct debit and being charged north of £2,000 providing you a quality client base to further develop your own practice

- The practice has a qualified team who have strong relationships with clients giving you a strong sense of continuity going forward to aid in retention and overall satisfaction

For more information please call 01765 698 699 and quote the reference number 30790 ask for Abi Barker

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Offer Sash

Current turn over circa: £1,000,000

Offers over: £1,200,000

Established: 25 to 30 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 10 to 20

Locations: Hampshire

Additional Notes:

An exciting opportunity to acquire a £1million T/O Business in Hampshire from a retiring principal looking at their succession in the short to medium term.

- Established over 25 years with beautiful premises and benefitting from an existing lease for security.
- Loyal team of staff capable of running the practice with final meetings reserved for the principal as has alays been the case.
- Circa 500 clients including several £10,000 + Fees with long standing relationships. Mostly Ltd Co's @ £1,500 per annum for a comprehenisve service.
- Clients continue to enjoy a face to service and benefit from a local presence to them and a principal offering their continued support for a full handover.

Offers in excess of £1,200,000 - Proof of funding over £400,000 is required.

For more information please call 01765 698 699 and quote the reference number 30781 ask for Abi Barker

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Sold Sash

Current turn over circa: £450,000

Offers over: £550,000

Established: 20 to 25 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: Hertfordshire

Locations: Stevenage

Additional Notes: A great opportunity to acquire a loyal client base and team of staff.

You will enjoy the introduction to circa 500 clients comprising of LTD's, Sole Traders, Partnerships and Payroll clients - boasting a large percentage of healthy average fees.

The practice is currently decentralised from the principle and therefore staff retention is key, alongside this the principle would be open to having a role in the business going forward to see out the deal structure.

The ideal buying party will have similar views and beliefes and have the desire to further develop the practice and client servicing that the principle has worked so hard on for the last 20 years.

For more information please call 01765 698 699 and quote the reference number 30779 ask for Abi Barker

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Offer Sash

Current turn over circa: £40,000

Offers over: £40,000

Established: 5 to 10 years

Gross Recurring Revenue: <30k

Number of staff: 1 to 3

Locations: Greater London

Locations: London

Additional Notes: Retiring owner looking to re-home small client block in East London.

- Estimated £35-40,000 Turnover with Estimated GRF of £25/30,000

- 60 Clients in total

- Clients comprise of LTD's, Sole Traders and Payroll

- Handful of charity clients being serviced

For more information please call 01765 698 699 and quote the reference number 30770 ask for Abi Barker

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Sold Sash

Current turn over circa: £20,000

Offers over: £25,000

Established: 3 to 5 years

Gross Recurring Revenue: <30k

Number of staff: 0

Locations: Surrey

Locations: Kingston upon Thames

Additional Notes: A great opportunity to bolt on £20,000 worth of fully portable fees, could be particularly attractive to individuals looking to take their first steps into growing an accounting practice.

Client bank consists of LTD's and a handful of sole trader tax returns.

The owner is currently utilising outsourcing to keep costs down which has allowed for great profit margins.

The possibility of increasing fee's is apparent and the retiring principle is happy to help with the handover of the clients.

- A small loan is currently attached to the company however the principle is happy to take this into account.

For more information please call 01765 698 699 and quote the reference number 30763 ask for Abi Barker

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Sold Sash

Current turn over circa: £70,000

Offers over: £84,000

Established: 3 to 5 years

Gross Recurring Revenue: 50-70k

Number of staff: 0

Locations: Kent

Additional Notes: - £70,000 Block of fees for sale in Kent Area

- pre and post sale handover available from the current principle looking for a home for a handful of their current clients

- Avg client age of 45 with healthy fees and the possibility to increase in the future.

For more information please call 01765 698 699 and quote the reference number 30744 ask for Abi Barker

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On Hold Sash

Current turn over circa: £480,000

Offers over: £585,000

Established: More than 35 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: Greater London

Locations: London

Additional Notes: South London based sole practitioner looking to secure a sale for his practice and to phase his retirement out over a year full time.

Enjoying a healthy Maintainable EBITDA of 50%+ total Turnover!

The practice comprises of a large majority of Italian clients but is typically made up of;

700 clients - fees up too £12,000 pa
300 LTD's (avg £500+VAT standard service)
300 Sole Traders (avg £300+VAT standard service
20 Partnerships (£750+ VAT)
80 Payroll (£420+ VAT)
650 Tax Returns (£300+ VAT)

Average client age of 50 provides scope for healthy return on investment

Ideal buyer will be based and operating within zone 2 of the London Underground and have a similar type of fee structure and ability to service Italian clients.

For more information please call 01765 698 699 and quote the reference number 30740 ask for Abi Barker

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Sold Sash

Current turn over circa: £360,000

Offers over: £429,000

Established: 25 to 30 years

Gross Recurring Revenue: 300-500k

Number of staff: 3 to 5

Locations: Suffolk

Locations: Ipswich

Additional Notes: Suffolk based chartered sole practitioner looking to retire and find a home for his clients.

The client base boasts a maintainable EBITDA of 45% total turnover and comprises of;

Circa 500 clients (130 LTD's / 90 Sole traders / 25 Partnerships / 100 Payroll and tax returns)

Average client age of 45/50 showing a great potential for return on investment

Avg LTD fee of £750, Avg Sole trader fee of £450, Avg Partnership fee of £500, avg Payroll fee of £500, Avg tax return fee of £125 - The practice also has a number of long standing clients on fees up to £17,000 pa

A team of 4 fully qualified (FCCA/ACCA) members of staff including an office manager that handles the day to day running of the practice.

For more information please call 01765 698 699 and quote the reference number 30739 ask for Abi Barker

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On Hold Sash

Current turn over circa: £625,000

Offers over: £781,250

Established: 25 to 30 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 5 to 10

Locations: Greater London

Locations: London

Additional Notes: North London based practice boasting 45% Maintainable EBITDA is offered for the first time by 2 partners looking to exit within the next two years.

The practice comprises briefly;

Circa 350 clients (150 LTD's/100 sole traders/ 50 Partnerships)

High average client fees - £2500 LTD / £1800 Sole Trader / £2500 Partnership on average.

Average client age of 45/50 providing great return on investment capabilities

Hands on principle, committed to a smooth handover.

Currently moving to a new premises with a two year lease

The practice has continued to grow on a yearly basis without any active online marketing, the retiring principle believes there is scope for further improvement and profitability within the practice.

The buyer will ideally be able to show a commendable track record of client retention in previous accountancy acquisitions whilst also ideally being ACCA/ACA/ICAEW qualified.

For more information please call 01765 698 699 and quote the reference number 30738 ask for Abi Barker

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Sold Sash

Current turn over circa: £25,000

Offers over: £27,500

Established: 3 to 5 years

Gross Recurring Revenue: <30k

Number of staff: 0

Locations: Oxfordshire

Additional Notes:
- My client comes to the market with a view to finding a modern, technology focused practice to look after current client relationships and develop further services

- The firm makes full use of online service packages including Xero, Taxfiler, Go proposal and more, meaning the clients can be serviced remotely from anywhere within Oxfordhsire and surrounding areas

- The top three clients bring in fees of over £14,000 demonstrating the quality of the client base and over 90% of the portfolio is on monthly direct debit adding to consistent healthy cash flow

- My client is happy to provide a warm handover to ensure a smooth transition for clients and due to the size of the business is able to move at your pace to suit your acquisition plans

For more information please call 01765 698 699 and quote the reference number 30735 ask for Abi Barker

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Offer Sash

Current turn over circa: £500,000

Offers over: £700,000

Established: 15 to 20 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: West Sussex

Additional Notes:

West Sussex boasting 40% maintainable EBITDA is offered for the first time by a principal looking to make their exit within the next 2 years.

The practice comprises briefly;

Full quorate of qualified, experienced, long standing staff essential to the production of client work and integral to client relations.

Circa 400 clients focussed in West Sussex with fees up to £20,000 per annum.

Town centre premises with medium term lease transferable to buyer.

Hands on principal, commited to remain for up to 2 years to ensure a smotth handover of client relationships.

The buyer must be able to demonstrate an ability to take over a medium sized practice and have a commitment to retain the team and premises whilst also ideally ACCA / ACA qualified.

Although running an exisiting practice is preferred, new entrants with suitable experience considered.

Depending on value an upfront payment of over £300,000 will be required.

For more information please call 01765 698 699 and quote the reference number 30733 ask for Abi Barker

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Sold Sash

Current turn over circa: £500,000

Offers over: £600,000

Established: More than 35 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: Kent

Additional Notes:

Offered for sale for the first time and boasting managed wages of 35%, my client offers their practice as a going concern comprising;

- Established office with flexible lease
- Quorate of client facing and back office staff
- 500 clients (50% Ltd, 50% Sole Traders)
- Market Rate fee charging structure
- Structured principal exit strategy

You will enjoy purchasing a turnkey practice with fabulous opportunity for development and growth and principal looking to offer a full and thorough handover of relationships.

Your offer must be to purchase the shares of the business and recognise the importance of retaining a presence in the area. Ideally you will look to retain the staff and continue to recognise the local market and service expectations.

Offers will be considered above 1.2x GRF with a 50% deposit including clawback indemnity to suitable buyers.

For more information please call 01765 698 699 and quote the reference number 30712 ask for Abi Barker

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Sold Sash

Current turn over circa: £700,000

Offers over: £780,000

Established: 25 to 30 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 10 to 20

Locations: Greater London

Locations: London

Additional Notes: Retiring principle looking for succession to their well established and profitable practice in the next 12 months.

The practice briefly comprises;

1,100 clients;
200 Ltd Co's - Typical Fee £2500.00
200 Sole Traders - Typical Fee £600.00
700 Tax returns - Typical Fee £600.00
Young average client age of 45+
13 members of staff headed by 3 highly qualified managers.
(Tax/Bookkeeping/Accounting)
Fully Portable practice with staff working from home.
Circa £200,000 EBITDA

The acquirer will benefit from a flexible handover period with the retiring principle alongside flexible offer structures. Alongside a strong team of qualified staff with great relationships with long standing clients that have allowed for the 'decentralised' running of the practice.

Clients familiar with standard back office systems - Xero, QBO and CCH

For more information please call 01765 698 699 and quote the reference number 30703 ask for Abi Barker

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Sold Sash

Current turn over circa: £175,000

Offers over: £195,000

Established: 15 to 20 years

Gross Recurring Revenue: 150-200k

Number of staff: 3 to 5

Locations: Buckinghamshire

Locations: Buckingham

Additional Notes: Retiring principle looking for succession to his well established and profitable practice over the next 12 months.

A loyal and local portfolio of clients boasting a young average age, serviced from Buckinghamshire based office, available at £600 PCM if required (Flexible)

Circa 250 clients (inc 68 LTD companies / 157 Sole Traders) 65% of clients based within MK postcode.

Clients familiar with Xero Accounts software and remote access software available for staff home working if needed.

Acquirer will benefit from a flexible handover period with the retiring principle.

For more information please call 01765 698 699 and quote the reference number 30701 ask for Abi Barker

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