Cambridgeshire Based Well Established Practice Owner Exploring Succession Opportunities - T/) Circa £450,000

Current turn over circa: £450,000

Offers over: £516,000

Established: 20 to 25 years

Gross Recurring Revenue: 300-500k

Number of staff: 3 to 5

Locations: Cambridgeshire

Locations: Cambridge

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

The practice briefly comprises;

550 clients;
120 Ltd Co's - Typical Fee £2000
44 Sole Traders - Typical Fee £450
280 Tax returns - Typical Fee £250
6 Partnerships - Typical Fee £1200
100 Payroll - Typical Fee £450
Young average client age of up to 45

Very Strong EBITDA figure of £230,000

My client is looking for a local firm and is looking to stay on board to help with the handover through that of a couple of days a week work.

For more information please call 01765 698 699 and quote the reference number 30819 ask for Abi Barker