Sheffield based practice for sale - turnover circa £400,000
Current turn over circa: £400,000
Offers over: £450,000
Established: 30 to 35 years
Gross Recurring Revenue: 300-500k
Number of staff: 1 to 3
Additional Notes:
My client is seeking a friendly and professional firm to acquire their well-established portfolio that has been consistently growing over the past ten years, with the aim of ensuring a smooth and respectful transition for their valued clients.
The portfolio has a majority of limited companies, with high average fees in the region of £2,000+ reflecting the high quality and value of the young client base of which 80% are local to the Sheffield area.
The outgoing principal is committed to a warm and structured handover, designed to maximise client retention and help the acquirer hit the ground running by staying on for 6-12 months.
With a strong compliance foundation in place, there is significant opportunity to introduce and upsell additional services such as tax planning, advisory, and consultancy – providing excellent scope for further revenue growth.
Purchaser requirements:
Turnover circa £500,000+
Previous acquisition experience ideal, but not essential
Proof of cash/funds
For more information please call 01765 698 699 and quote the reference number 31446 ask for Abi Barker