Torquay area - Practice/Block of fees Required – Budget to £150,000

Up front budget: £ 100,000

Current turn over circa: £ 200,000

Cash offer: Up to 1.5 x GRF

Established since: 2013

Locations: Devon

Additional Notes: Up front budget: £ 100,000

Current turn over circa: £ 200,000

Cash offer: Up to 1.5 x GRF

Established since: 2013

Locations: Devon

Additional Notes: Ref No: 176707

My client, a highly experienced, Chartered Certified practice is looking for either a block of fees or practice as part of their ongoing growth plans and is looking for opportunities in the Exeter, Topsham, Torquay, Paignton, Totnes, Newton Abbot, Kingsteignton, Bovey Tracy, Dartmouth and surrounding areas.

About the acquirer:
• Fully qualified staff led by a highly successful and personable owner
• Excellent organic growth of 30% year on year - all from referrals
• 99% client retention
• Client relationships for over a decade
• Will pay up to 1.5x GRF for the right business
• Tailored service proposition – face to face and remote dependent on client preference and need
• Full range of general practice services provided including business planning, Management accounts and more

A premium offer will be available to practices offering;

Locations:
Exeter, Topsham, Torquay, Paignton, Totnes, Newton Abbot, Kingsteignton, Bovey Tracy, Dartmouth and surrounding areas.

Turnover (GBP):
Up to £150,000

Client Base & Service:
General practice – good level of limited companies desirable

Premises:
Considered

Practice System:
Xero

Staff:
Retention of staff considered

Purchase Method:
Will pay up to 1.5x recurring fees for the right business with a deposit of 50% with completion in 2 years possibly sooner for smaller acquisitions.