Stockport Based Practise – Requiring block of fees/ practice – Budget up to £500 000 GRF

Up front budget: £ 250,000

Current turn over circa: £ 100,000

Cash offer: 1.6x

Established since: 2018

Locations: Stockport

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 1.6x GRF with up to 50% upfront for the right business in the Stockport, Ashton-Under-Lyne, Hyde, Cheadle, Hyde, Haxel Grove, Dukinfield, Chadderton, Manchester 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 as well as the option of a longer principle handover period. 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.

This MTD ready firm fully embraces technology and puts clients’ needs at the heart of their business proposition, offering tailored solutions that amalgamate face to face service with a modern delivery. As testimony, this practice has 80% of their clients paying by monthly direct debit, and has maintained consistent year-on-year organic growth solely from happy and high referring clients since formation, allowing you to leave your clients in highly capable and safe hands, providing you with complete peace of mind moving forward.

The practice is run by a highly ambitious principle that has added £20 000 worth of GRF organically in just the last six months from happy and high referring clients, resulting in 2-3 new enquiries every week. This vibrant acquirer represents the perfect opportunity to provide your clients with an ongoing personal service and maintain your existing operations moving forward. In addition, the practice has the cash 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.

For more information please call 01765 698 699 and quote the reference number 177143