South West London Practice For Sale - Circa £480,000 Turnover - Majority Italian Based Clients

Current turn over circa: £480,000

Offers over: £585,000

Established: More than 35 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: Greater London

Locations: London

Additional Notes: South London based sole practitioner looking to secure a sale for his practice and to phase his retirement out over a year full time.

Enjoying a healthy Maintainable EBITDA of 50%+ total Turnover!

The practice comprises of a large majority of Italian clients but is typically made up of;

700 clients - fees up too £12,000 pa
300 LTD's (avg £500+VAT standard service)
300 Sole Traders (avg £300+VAT standard service
20 Partnerships (£750+ VAT)
80 Payroll (£420+ VAT)
650 Tax Returns (£300+ VAT)

Average client age of 50 provides scope for healthy return on investment

Ideal buyer will be based and operating within zone 2 of the London Underground and have a similar type of fee structure and ability to service Italian clients.

For more information please call 01765 698 699 and quote the reference number 30740 ask for Abi Barker