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

Up front budget: £ 100,000

Current turn over circa: £ 100,000

Cash offer: 1.4x

Established since: 2012

Locations: Stockport,Macclesfield,Altrincham

Additional Notes:
My client, a growing 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 1.4x GRF with up to 60% upfront for the right business in the Macclesfield, Stockport, Wilmslow, Altrincham, Handforth, Cheadle, Hazel Grove, Adlington, Wythenshawe 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 engineering 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.

Established for over 5 years, this highly competent general practice has nurtured a number of long-standing client relationships since formation by providing a face-to-face personal service and this practice is described as reliable, approachable and always available resulting in growth solely from happy and high referring clients, adding on over £20 000 worth of GRF organically in the last year on top of providing at least 1 new client enquiry a week. Consequently, this firm is committed to taking the longer-term view, ensuring the longevity of clients post acquisition and could not provide a more caring home for your clients.

This buyer is fully committed to being flexible with regards to the current owner’s needs and ensuring the longevity of clients post acquisition. As testimony, the fee charging structure will be maintained for at least 12 months providing your clients with minimal changes and the principle handover can be flexible with respect to working part-time, representing the integrity of the practice as well as an excellent opportunity to leave your clients in safe hands.

For more information please call 01765 698 699 and quote the reference number 176841

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