
Current turn over circa: £130,000
Offers over: £160,000
Established: 10 to 15 years
Gross Recurring Revenue: 100-150k
Number of staff: 0
Locations: Greater London
Additional Notes:
BUYER MUST HAVE EXPERIENCE IN MEDIA / CREATIVE SECTOR
Through retirement my client is keen to secure practice succession for their personal touch service and is looking for a principal, familiar with the sector and be able to demonstrate their understanding.
The clients have enjoyed a mostly remote service level with many clients visited annually from a Soho club therefore a London presence is essential.
The firm briefly comprises;
160 Clients - Mostly Ltd companies and a few sole traders paying monthly typically £1200 per annum.
Clients include DJ's, Artists, Producers, Architects and Photographers with ages ranging from 20'2 to an 88 year old book seller.
1 Staff member (Secretarial) available if required.
The principal is currently overseas and will require Zoom meetings, in addition proof of funds prior to a meeting.
Valuations are expected between 1.2 - 1.5x GRF with a minimum deposit of 50% (ideally more) and sensible clawback conditions will be available to experienced principals.
For more information please call 01765 698 699 and quote the reference number 30606 ask for Abi Barker
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