North London based practice for sale - turnover circa £750,000
Current turn over circa: £750,000
Offers over: £937,500
Established: 30 to 35 years
Gross Recurring Revenue: 0.5-1m
Number of staff: 5 to 10
Additional Notes:
- This firm comes to the market due to retirement with a view to finding a friendly and professional firm that put emphasis on client care to take over current relationships
- The portfolio is comprised mostly of limited companies and has a large percentage of medical specialist clients
- 65% of the clients are on monthly standing order giving you instant cashflow
- The principal would be interested in staying on in the firm and phasing out over the few years giving you a smooth transition for staff and clients and helping to encourage strong retention rates
- The firm boasts a great, competent team that have strong relationships with the clients giving you fantastic continuity going forward
- As clients are dealt with mostly remotely there is flexibility around location within reason
BUYER REQUIREMENTS:
- Turnover £1.5mil +
- Proof of cash/funding for the total offer amount
- Can offer the vendor to stay on for the next 3 years
For more information please call 01765 698 699 and quote the reference number 31125 ask for Abi Barker
