Fully Portable Central London Practice - Circa £750,000 turnover

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