North Exeter - Practice/Block of fees Required – Budget to £200,000

Up front budget: £ 100,000

Current turn over circa: £ 400,000

Cash offer: Up to 1.4

Established since: 1998

Locations: Devon

Locations: Exeter

Additional Notes: My client, a long established chartered practice is looking for either a block of fees or practice as part of their growth plans and is looking for opportunities in Exeter and 30 miles around, North Devon, Barnstaple and surrounding areas.

This is a high quality firm with a wide range of services and client sectors providing Stat accounting, VAT, Payroll, Book keeping, Management accounting and more.

About the acquirer:
• Business established for over 20 years’
• Will pay up to 1.4x GRF for the right business
• 95% client retention
• Long standing client relationships of 20 years
• Flexible charging and service proposition to accommodate client needs and preferences
• Double digit organic growth

A premium offer will be available to practices offering;

Locations:
Exeter and 30 miles around, North Devon, Barnstaple and surrounding areas.

Turnover (GBP):
Up to £200,000

Client Base & Service:
General practice

Premises:
Given consideration

Practice System:
Iris, Xero, Sage 50, Quickbooks

Staff:
Consideration

Purchase Method:
Will pay up to 1.4x recurring fees for the right business with a deposit of 50% with completion in 2 years possibly sooner for smaller acquisitions.