Cardiff area - Practice/Block of fees Required – Budget to £500,000

Up front budget: £ 200,000

Current turn over circa: £ 600,000

Cash offer: Up to 1.5 x GRF

Established since: 2006

Locations: Cardiff

Additional Notes: Ref No: 176653

My client, a Chartered Certified practice, established for over a decade, is looking for either a block of fees or practice as part of their ongoing growth plans and is looking for opportunities in Cardiff, Barry, Swansea, Newport, Merthyr Tydfil, Cwmbrn, Pontypool, Abergavenny, Chepstow and surrounding areas.

About the acquirer:
• Award winning
• Fully qualified staff led by highly successful and personable owners
• Excellent organic growth from referrals
• 98% client retention
• Client relationships for over a decade
• Will pay up to 1.5x GRF for the right business
• Tailored service proposition – onsite face to face and remote dependent on client preference and need
• Full range of general practice and business specialist services

A premium offer will be available to practices offering;

Locations:
Cardiff, Barry, Swansea, Newport, Merthyr Tydfil, Cwmbrn, Pontypool, Abergavenny, Chepstow and surrounding areas

Turnover (GBP):
Up to £500,000

Client Base & Service:
General practice with a good percentage limited companies desirable

Premises:
Considered

Practice System:
Xero, Sage, Quickbooks, Iris

Staff:
Retention of staff considered

Purchase Method:
Will pay up to 1.5x recurring fees for the right business with a deposit of 50% with completion in 2 years possibly sooner for smaller acquisitions.