North West London Chartered Practice For Sale - Circa £625,000 Turnover

Current turn over circa: £625,000

Offers over: £781,250

Established: 25 to 30 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 5 to 10

Locations: Greater London

Locations: London

Additional Notes: North London based practice boasting 45% Maintainable EBITDA is offered for the first time by 2 partners looking to exit within the next two years.

The practice comprises briefly;

Circa 350 clients (150 LTD's/100 sole traders/ 50 Partnerships)

High average client fees - £2500 LTD / £1800 Sole Trader / £2500 Partnership on average.

Average client age of 45/50 providing great return on investment capabilities

Hands on principle, committed to a smooth handover.

Currently moving to a new premises with a two year lease

The practice has continued to grow on a yearly basis without any active online marketing, the retiring principle believes there is scope for further improvement and profitability within the practice.

The buyer will ideally be able to show a commendable track record of client retention in previous accountancy acquisitions whilst also ideally being ACCA/ACA/ICAEW qualified.

For more information please call 01765 698 699 and quote the reference number 30738 ask for Abi Barker