
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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