Bolton/ Rochdale based practice – Requiring block of fees/ practice – Budget up to £600 000 GRF

Up front budget: £ 300,000

Current turn over circa: £ 1,000,000

Cash offer: 1.4x

Established since: 1990

Locations: Rochdale,Bolton

Additional Notes:
My client, a chartered accountancy practice is interested acquiring a block of fees or practice on flexible terms and is prepared to pay a premium price of up to 1.4x GRF with 60% upfront for the right business in the Bolton, Bury, Rochdale, Oldham, Middleton, Ashton-under-Lyne Prestwich, Heywood, Manchester, Chadderton and surrounding areas.

Proceeding successful previous acquisitions, this firm has well-honed processes to ensure the smoothest client transition and, boasting previous retention rates of over 90%, is well placed to ensure the highest levels of client retention. Additionally, in an acquisition completed nearly 10 years ago, the GRF of the acquired portfolio has been increased by nearly one third from the offering of additional services, representing the true integrity of the practice. Consequently, this firm is committed to taking the long-term view and ensuring the longevity of clients post acquisition, ensuring you will receive a maximum offer on the business as well as your second and third payments.

In addition to being passionate about building strong client relationships, this firm is committed to being flexible with regards to the current owner’s needs, and depending on the size of acquisition, is keen to bring on existing staff members to their existing talented and friendly team, providing your clients with minimal changes and making the whole process as easy and stress free as possible for the current owner.

Currently turning over 1 million pounds and with consistent year-on-year organic growth of 8%, this highly successful and MTD ready practice represents a unique opportunity to provide your clients with an excellent all-encompassing service, with a thriving consultancy offering in which clients’ bottom lines have been improved by up to 40% solely from improving efficiencies. Consequently, the offering of bespoke, tailored solutions whilst still ensuring a partner-led, personal and face-to-face service delivery will leave your clients in highly capable hands, providing you with complete peace of mind moving forward.

For more information please call 01765 698 699 and quote the reference number 177110