North London based practice for sale - turnover circa £1,500,000

Current turn over circa: £1,500,000

Offers over: £1,800,000

Established: 20 to 25 years

Gross Recurring Revenue: 1-2m

Number of staff: 10 to 20

Additional Notes:
My client is coming to the market looking for a safe pair of hands that will continue the close relationships built with both clients and staff, helping to ensure a smooth transition and strong client retention.

With a profit margin of approximately 40%, this practice represents an excellent opportunity to achieve a swift return on your investment, significantly quicker than we typically see for firms of this size.

A large proportion of the portfolio is comprised of limited company clients, with the work primarily focused on compliance. This creates a clear opportunity to introduce additional services such as audit, business advisory, advanced tax planning and consultancy, allowing you to grow fees organically from the existing client base without additional marketing spend.

A loyal and experienced team is in place, managing the day-to-day running of the practice. This provides excellent continuity for clients while giving you the flexibility to be as hands-on or hands-off as suits your preferred management style.

The practice makes excellent use of modern software, including Xero, supporting an efficient transition and making integration into your existing systems as straightforward as possible.

Purchaser requirements:
Turnover £2,000,000+
Proof of cash/funding
MUST retain team
Must retain North London presence

For more information please call 01765 698 699 and quote the reference number 32041 ask for Abi Barker