Torquay and South Hams area - Block of fees or Practice Required – Budget to £200,000

Up front budget: £ 100,000

Current turn over circa: £ 500,000

Cash offer: Up to 1.6 x GRF for something special

Established since: 2009

Locations: Devon

Additional Notes:
My client, a highly experienced and successful Chartered accountant is looking for a block of fees or practice as part of their relocation plans to the Torquay and South Hams area.

Having trained with one of the top 4 in London before a successful career in industry this practitioner has successfully run their own general practice for over a decade and brings over 25 years’ experience to the Torquay and South Hams area.

With very high service standards, excellent broad ranging knowledge and highly skilled in IT and practice technology, this individual delivers a highly client focused service proposition with efficiency savings for client benefit.

About the acquirer:
• Over 25 years’ experience
• Will pay up to 1.6x GRF for the right business
• 98% client retention
• Client relationships since business inception of 10 years
• Consistent double digit practice growth

A premium offer will be available to practices offering;

Locations:
Torquay, South Hams and surrounding areas.

Turnover (GBP):
From 50,000 to £200,000

Client Base & Service:
General practice and wide range of services

Premises:
Consideration

Practice System:
Xero and Quickbooks

Staff:
Consideration

Purchase Method:
Will pay up to 1.6x recurring fees for the right business with a deposit of 50% with completion in 1 year for the right acquisition.