Greater Manchester Based Practice – Requiring block of fees/ practice – £150 000 - £2 500 000 GRF Budget

Up front budget: £ 1,500,000

Current turn over circa: £ 3,000,000

Cash offer: 1.5x

Established since: 1990

Locations: Greater Manchester

Additional Notes:
My client, a qualified 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 1.5x GRF with up to 60% upfront for the right business in the Manchester, Oldham, Stockport, Altrincham, Macclesfield, Ashton-under-Lyne, Rochdale, Warrington, Wilmslow and surrounding areas.

A seasoned acquirer, this buyer has well-honed processes to ensure the smoothest client transition and is well placed to ensure the highest levels of client retention, boasting previous retention rates of between 90-100% in recent acquisitions. This will ensure the longevity of client’s post acquisition, result in quick processes and provide your clients with minimal changes to ensure maximum retention. In addition, the practice has the cash ready and available to fund further expansion via acquisitions, resulting in a quick process, not wasting any of your time and providing you with a premium offer on the business.

In addition to being passionate about building strong client relationships, this firm is committed to being flexible with regards to the current owner’s needs, and depending on the size of acquisition, is keen to bring on existing staff members to their existing talented, modern and ambitious team, and is open to considering premises retention providing your clients with minimal changes and making the whole process as easy and stress free as possible for the current owner.

Currently turning over nearly 3 million pounds and with consistent year-on-year organic growth of 10-15%, this highly successful and MTD ready practice represents a unique opportunity to provide your clients with an excellent all-encompassing service, with a thriving consultancy offering. Consequently, the offering of bespoke, tailored solutions whilst still ensuring a partner-led, personal and face-to-face service delivery will leave your clients in highly capable hands, providing you with complete peace of mind moving forward.

For more information please call 01765 698 699 and quote the reference number 177260