Crewe based Based Practise – Requiring block of fees/ practice – Budget up to £200 000 GRF

Up front budget: £ 150,000

Current turn over circa: £ 60,000

Cash offer: 1.3x

Established since: 2018

Locations: Crewe

Additional Notes:
My client, a chartered certified 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 1.3x GRF with up to 60% upfront for the right business in the Crewe, Congleton, Nantwich, Whitchurch, Winsford, Tarporley, Audlem, Sandbach, Alsagar, Loggerheads and surrounding areas.

This company is looking for either a block of fees to bring into their operations and bolster current growth or alternatively, a practice that will house the firms existing clients, maintaining existing operations including both premises and staff retention to support the acquirer’s organic growth. Consequently, this buyer is fully committed to being flexible with regards to the current owner’s needs and would seek to reverse engineer existing operations to find the best solutions for clients moving forward, allowing full adaptability to ensure the longevity of clients post acquisition, resulting in minimal upheaval and maximum client retention levels, ensuring that full payment will be received.

The recently established practice is run by a highly ambitious principle that has added £40 000 worth of GRF in the last quarter. Obviously highly adept, the principle is a qualified accountant that has a wealth of experience in both accounts and has previously managed teams of up to 30 people with a particular aptitude for helping client’s businesses progress to the next stage of growth and development, representing an excellent opportunity to leave your clients in safe hands.

This MTD ready firm fully embraces technology and puts clients’ needs at the heart of their business proposition, offering tailored solutions that amalgamate face to face service with a modern delivery and resulting in at least 1 new enquiry every week from happy and high referring clients. Overall, this acquirer is a flexible, ambitious and technologically adept practice that will provide a service described as always available, high-quality and putting the client’s first, that will offer a flexible principle handover with respect to working part-time, representing the true integrity of the practice.

For more information please call 01765 698 699 and quote the reference number 176931

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