East Kent based practice for sale - turnover circa £130,000
Current turn over circa: £130,000
Offers over: £156,000
Established: 15 to 20 years
Gross Recurring Revenue: 100-150k
Number of staff: 0
Additional Notes:
My client is a well-established firm coming to the market for the first time as the principal approaches retirement and is seeking a personable and relationship-focused purchaser to continue the long-standing client connections that have been carefully built over many years, providing you with a loyal and stable fee base from day one.
A significant proportion of the portfolio comprises limited companies with average fees between £1,200 and £1,500, offering you a solid and recurring income stream that creates a dependable platform for future growth and additional advisory opportunities.
Approximately 20 clients operate within the charity sector, presenting you with the opportunity to further develop a niche specialism and strengthen your presence in this area, particularly if you already possess experience in charity accounting and compliance.
The client base is locally situated across Margate, Broadstairs, Ramsgate, Herne Bay, Whitstable, Canterbury and the surrounding areas, enabling you to integrate the portfolio into your existing office infrastructure without the need for additional premises, thereby keeping your acquisition costs controlled.
With no staff and minimal overheads currently in place, the practice delivers an exceptionally high profit margin, allowing you to benefit from a strong and swift return on investment while retaining full flexibility over how the portfolio is serviced post-completion.
Buyer requirements:
Must be qualified
Must have good experience working with charities
For more information please call 01765 698 699 and quote the reference number 31957 ask for Abi Barker