Wakefield Based Practise – Requiring block of fees/ practice – Budget up to £250 000 GRF

Up front budget: £ 125,000

Current turn over circa: £ 30,000

Cash offer: 1.4x

Established since: 2017

Locations: Widnes,Warrington,St Helens,Runcorn

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 Warrington, St Helens, Widnes, Runcorn, Prescot, Birchwood, Leigh, Winwick, Ashton-in-Makerfield, Haydock, Burtonwood 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 engineer 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.

The recently established practice is run by a highly ambitious principle that has added £15 000 worth of GRF organically in the last year. Obviously highly adept, the principle is a qualified accountant that has a wealth of experience in both accounts and FD outsourcing with a particular aptitude for helping client’s businesses progress to the next stage of growth and development, representing an excellent opportunity to leave your clients in safe hands.

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. Overall, this acquirer is a flexible, ambitious and technologically adept practice that will provide a proactive, personal and top-quality service alongside maintaining 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.

For more information please call 01765 698 699 and quote the reference number 176842