Devon based acquirer - looking for practice/block of fees - budget to £600,000

Up front budget: £300,000

Current turn over circa: £500,000

Cash offer: Up to 1.3x GRF

Established since: 2000

Locations: Devon

Additional Notes:
- My client, a well established Chartered practice, comes to the market with a view to acquiring a practice or block of fees and will pay a premium of up to 1.3x GRF with 50% upfront for those located in Exeter, Okehampton, Cullompton, Totnes, Ipplepen, Paignton and surrounding areas

- With previous acquisition experience that yielded retention rates of over 95%, this acquirer has a proven track record of taking on a new client portfolio and continuing to provide an excellent level of service, giving you peace of mind your clients will be in a safe pair of hands going forward

- This firm boasts a well structured and friendly team of ACCA, CTA and ACA qualified staff who have experience in a variety of sectors and take immense pride in providing a professional and personal service, giving you the confidence both clients and staff will be well looked after

- Offering you complete flexibility, this principal is happy for you to leave after a short handover period or stay on focusing more in a consultancy role, allowing you to secure an exit strategy that suits your requirements

For more information please call 01765 698 699 and quote the reference number 179331