Central and East Newport – Bristol - Block of fees or Practice Required – Budget to £200,000

Up front budget: £ 100,000

Current turn over circa: £ 50,000

Cash offer: Up to 1.6 x GRF

Established since: 2013

Locations: Newport

Additional Notes: My client, a Chartered Certified practitioner is looking to acquire a block of fees or practice as part of their continued growth plans and is looking for opportunities in central and east Newport and 20 miles surrounding area to Bristol.

With over a decade experience in general practice this highly skilled practitioner provides stat accounting, VAT, Payroll, outsourced FD and interim FC, Cryto accountancy, R&D tax credits and more.

With very high service standards, excellent broad ranging knowledge and highly skilled in IT and practice technology, this individual delivers a highly client focused service proposition tailored to client needs.

About the acquirer:
• Over 10 years’ experience
• Will pay up to 1.6x GRF for the right business
• 97% client retention
• Client relationships since business inception over 6 years ago
• Adept at all levels from personal tax, small business to 30+ employee companies approaching Audit level

A premium offer will be available to practices offering;

Locations:
Central and East Newport and 20 miles surrounding area to Bristol.

Turnover (GBP):
From 50,000 to £200,000

Client Base & Service:
General practice and wide range of services and knowledge

Premises:
Consideration

Practice System:
Xero and Quickbooks

Staff:
Consideration

Purchase Method:
Will pay up to 1.6x recurring fees for the right business with a deposit of 50% with completion in 1 year for the right acquisition.