Experienced acquirers and Chartered Certified practice, looking to scale up their business through the acquisition of a block of fees or practice, in or around the East Midlands, up to £160,000 GRF

Up front budget: £ 100,000

Current turn over circa: £ 80,000

Cash offer: up to 1.4x GRF

Established since: 2014

Locations: Leicestershire

Additional Notes:
-My client, an FCCA qualified accountant, with a big firm background, runs a pro-active, Cloud based practice, along side his business partner, ACCA qualified, with combined over 2 decades accountancy experience. They offer a value adding personal service to all clients but also have the facility to service clients remotely.

-For the right kind of practice, the firm are prepared to pay a premium with up to 60 percent of the total consideration on day one and the rest paid in deferred installments over 2 to 24 months depending on the sellers requirements and the size of the practice. Cash available for acquisitions.

-The client orientated firm are keen to retain all staff and premises where applicable to offer total continuity to all clients with a more gradual transition.

-Previously the firm have purchased fees in the Leicester area with great success. They recently took over from a retiring principle with exemplary retention rate.

For more information please call 01765 698 699 and quote the reference number 177454 ask for Lauren Burnham