
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
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