South West based practice for sale - remotely serviced - turnover circa £700,000
Current turn over circa: £700,000
Offers over: £1,000,000
Established: 15 to 20 years
Gross Recurring Revenue: 0.5-1m
Number of staff: 3 to 5
Additional Notes:
This practice is coming to the market for the first time and is seeking a professional and personable firm that takes a modern, technology-led approach to accounting, ensuring that clients continue to benefit from efficient systems and forward-thinking support in an increasingly digital environment.
The portfolio is predominantly made up of limited companies with average annual fees in excess of £3,000, providing you with a strong-quality client base that can deliver dependable recurring income and a solid foundation for future growth.
The business is currently operating at an adjusted EBITDA margin of close to 50%, reflecting an efficiently run practice that should enable you to achieve a return on your investment in a significantly shorter timeframe than typical market averages.
In addition to core compliance services, the firm provides consultancy and advisory work, demonstrating an existing appetite among clients for higher-value services and giving you a clear opportunity to further develop these revenue streams.
The practice is highly systemised and makes excellent use of technology, enabling staff to work remotely and clients to be serviced nationwide, with the portfolio particularly well suited to a buyer based in the South of the UK, giving you geographical flexibility while maintaining continuity for clients.
An experienced team is in place with strong, long-standing client relationships, and they will remain to support a full transition, alongside a principal who is committed to providing a warm and structured handover to help maximise client retention and protect the value of your investment.
Buyer requirements:
Turnover £1,000,000+
Proof of funds
For more information please call 01765 698 699 and quote the reference number 31956 ask for Abi Barker
