Greater Manchester based Practice – Purchase Opportunity £900 000 GRF for Sale

Current turn over circa: £ 900,000

Offers over: £ 1,080,000

Established: 15 to 20 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 10 to 20

Locations: Greater Manchester

Additional Notes:
My client, a chartered accountancy practice offers their business and loyal clients to the market, with a focus on completing at an appropriate and mutually agreeable point this year.

The exiting proprietor is committed to being flexible with regards to an acquirer’s needs in terms of a handover offering anything between 12 months and five years with the option of relocating nearby or alternatively, renting the current premises, resulting in minimal stress for an acquirer.

The practice comes with a full complement of loyal staff members, with some capacity available within the team, providing ample opportunities to capitalise on the existing relationships and progress the firm to the next level of growth and development.

The practice enjoys long-term relationships with clients, including many for over 20 years since the firm’s formation, with the top six clients generating annual fees in excess of £60 000 demonstrating the low risk levels associated with the portfolio.

The practice is excellently placed for a new acquirer to capitalise on the existing relationships and progress the firm to the next level of growth and development. This proprietor is looking for a partner-led practice that puts client care first and who can be flexible in terms of handover capacity.

For more information please call 01765 698 699 and quote the reference number 30167 ask for Lauren Burnham