Current turn over circa: £130,000
Offers over: £162,500
Established: 20 to 25 years
Gross Recurring Revenue: 100-150k
Number of staff: 0
Additional Notes:
- My client comes to the market for the first time with a view to finding a modern firm that takes a hands on approach to client relationships, who can continue servicing the portfolio going forward
- Majority of clients are comfortably being serviced remotely so you can port this into your office across North London, Hertfordshire and Surrey
- Strong percentage of limited companies with opportunity to provide additional services including bookkeeping and consultancy/advisory
- Principal happy to give a warm handover to ensure the strongest retention rates going forward
- Opportunity to take on a significant payroll portfolio that can be discussed in the initial meeting
For more information please call 01765 698 699 and quote the reference number 31506
Current turn over circa: £150,000
Offers over: £195,000
Established: 10 to 15 years
Gross Recurring Revenue: 100-150k
Number of staff: 1
Locations: Essex
Additional Notes:
- This portfolio is comprised entirely of limited companies with average fees of £1,200+ and a low demographic of 45-50 demonstrating the quality of fee base you'd be acquiring
- The clients are being serviced remotely giving you the flexibility to port this straight into your office and benefit from low overheads and synergy savings providing an excellent return on your investment
- Currently turning down work akin to £10,000 per month demonstrating the vast opportunity available for a firm with more resource
- Full handover will be provided
- It would be favourable from a handover perspective if a purchaser was located across Essex or wider East Anglia but not essential
For more information please call 01765 698 699 and quote the reference number 31502
Current turn over circa: £200,000
Offers over: £239,400
Established: 25 to 30 years
Gross Recurring Revenue: 150-200k
Number of staff: 1 to 3
Locations: Nottinghamshire
Additional Notes: - Majority limited companies with strong average fees of £2,400 plus and a low demographic of 45-50 years demonstrating the quality of clients of the portfolio you will be taking on.
- The majority of clients are based within the local area so it is an excellent opportunity to further develop your own business in this region.
- You will benefit from staff who hold strong relationships with the client’s ensuring continuity and high retention.
- Principal happy to offer a warm and flexible handover to suit your requirements.
Buyer Requirements
- Minimum of £300,000 turnover
- Proof of cash/ funding for offer amount
- Qualified accountant
For more information please call 01765 698 699 and quote the reference number 30955
Current turn over circa: £300,000
Offers over: £338,000
Established: 25 to 30 years
Gross Recurring Revenue: 200-300k
Number of staff: 1 to 3
Locations: Lancashire
Additional Notes: - My client comes to the market with their well-established practice that can be ported straight into your office across the Lancashire and Nottinghamshire areas and is specifically interested in a friendly and professional firm that will continue client relationships.
- Large majority of client are limited companies with average fees of £1,250+ and a low demographic of 45-50 years demonstrating the quality of clients of the portfolio you will be taking on.
- Full team in place to help service the firm going forward and aid in a smooth transition helping contribute to the strongest retention rates possible.
- Principal happy to offer a warm and flexible handover to suit your requirements.
- With a focus on compliance this practice leaves plenty of opportunity to offer additional services including advisory and consultancy work.
Buyer Requirements
- Minimum of £500,000 turnover
- Proof of cash/ funding for offer amount
- Chartered status
For more information please call 01765 698 699 and quote the reference number 23824
Current turn over circa: £500,000
Offers over: £650,000
Established: 10 to 15 years
Gross Recurring Revenue: 300-500k
Number of staff: 3 to 5
Locations: Leicestershire
Additional Notes:
- My client boasts a portfolio of majority limited companies with strong average fees of £4,000 and a low average client age demographic of 45-50
- The firm benefits from a full team of qualified staff members ensuring continuity for the client base. This is complimented by the use of outsourcing.
- Making strong use of software including Xero, Quickbooks, IRIS and more
BUYER REQUIREMENTS
- Turnover in excess of £600,000
- Previous acquisitions experience preferable
For more information please call 01765 698 699 and quote the reference number 31499
Current turn over circa: £750,000
Offers over: £937,500
Established: 25 to 30 years
Gross Recurring Revenue: 0.5-1m
Number of staff: 10 to 20
Locations: Greater London
Additional Notes:
- My client comes to the market to offer their well established practice that can be ported straight into your office across the London area and is eager to find a friendly and professional firm that has acquisition experience to continue client and staff relationships
- Excellent portfolio comprised strongly of limited companies with average fees in excess of £2,500 and a low client age of 45, demonstrating the quality of clients you'd be taking on
- This firm has been making fantastic use of online software for over ten years and boasts a loyal team that work from home and process to complement the modern, cloud based approach to accountancy
- The practice is geared towards compliance, which leaves ample opportunity to offer consultancy services
- Principal will happily stay on for a warm handover and will offer a consultancy agreement giving you plenty of flexibility to find an exit that works for both parties
BUYER REQUIREMENTS:
- Turnover £1,100,000+
- Established for over 8 years
- Acquisition experience not essential but will be heavily favoured in the shortlisting process
- As firm is making great use of online software, the purchaser will need to be technologically inclined
For more information please call 01765 698 699 and quote the reference number 30703
Current turn over circa: £140,000
Offers over: £175,000
Established: 15 to 20 years
Gross Recurring Revenue: 100-150k
Number of staff: 0
Additional Notes:
- My client offers a premium quality block of fees to the market with a view to finding a friendly and personal firm to take over current client relationships
- The portfolio has a strong composition of limited companies that yield average fees in excess of £1,200 demonstrating the quality nature of the business you'd be taking on
- With a current focus on compliance, this firm leaves ample opportunity to offer additional services including bookkeeping, payroll, consultancy work, tax advice and more
- The principal is happy to offer a warm handover to help ensure the strongest retention rates possible
- This practice would be portable into you office across the Bristol, Keynsham, Bath, Chippenham, Swindon, Trowbridge, Frome, Devizes, Warminster and surrounding areas
For more information please call 01765 698 699 and quote the reference number 31497
Current turn over circa: £110,000
Offers over: £121,000
Established: 20 to 25 years
Gross Recurring Revenue: 70-100k
Number of staff: 0
Locations: Merseyside
Additional Notes:
- My client boasts a diverse portfolio of limited companies, sole traders, partnerships and payroll clients with healthy average fees of £1000 and a low average client age demographic of 50 demonstrating the quality in this portfolio
- Making strong use of software including Quickbooks, SAGE and VT with plenty of opportunity to streamline automation further
- You will benefit from an exceptionally loyal client base with many clients retained over 10 years demonstrating the quality of goodwill in this client base
- All new client enquiries come solely from word of mouth referrals so there is significant opportunity to grow this portfolio further through the introduction of marketing strategies in the future. The firm does not currently make use of a website.
- You will benefit from a fantastic office space based in an attractive location with plenty of footfall
BUYER REQUIREMENTS
- Must retain office space...all of the clients are based locally and value face to face contact hence this will be essential for successful retention
- This would be the perfect opportunity for someone with technical expertise looking to set up in practice for the first time
- Must be based locally or within reasonable commuting distance of the premises
For more information please call 01765 698 699 and quote the reference number 31428
Current turn over circa: £55,000
Offers over: £68,750
Established: 10 to 15 years
Gross Recurring Revenue: 50-70k
Number of staff: 0
Additional Notes: - My client comes to the market due to retirement with a view to finding a friendly and professional practice who make good use of online software to continue current client relationships.
- Nearly 50% of clients are on monthly direct debit giving you instant cashflow from day one.
- This portfolio can be ported into your office in the Barnsley, Castleford, Leeds, Huddersfield, Wakefield and surrounding areas.
- Principal happy to offer a warm handover to ensure the highest retention rates possible.
- Client base is predominantly local giving you a fantastic base to further develop your current portfolio.
Buyer Requirements
- Minimum of £100,000 turnover
- Proof of cash/ funding for offer amount
- Chartered status
For more information please call 01765 698 699 and quote the reference number 31189
Current turn over circa: £1,000,000
Offers over: £1,250,000
Established: 20 to 25 years
Gross Recurring Revenue: 0.5-1m
Number of staff: 10 to 20
Additional Notes:
Long established practice looking towards potential succession within 2 years.
- 95% of clients are limited companies with average fees of £3,000 and a low demographic of 45 demonstrating the quality of the fees available
- Software used - Xero, IRIS and Freeagent
Roughly 45% of the fee base is on monthly direct debit giving you instant cash flow from day one
- Full team of staff in place to help support the sale and service clients going forward
- Happy to provide a warm handover to ensure the strongest retention rates possible
For more information please call 01765 698 699 and quote the reference number 31493
Introduction:
In the dynamic landscape of finance and business, the decision to buy or sell an accountancy practice is a pivotal moment. Whether you're a seasoned professional seeking new opportunities or a business owner looking to transition, Retiring Accountant is your trusted companion on this transformative journey. Led by the experienced Steve Hagues and backed by a dedicated team, we explore the world of accountancy practices for sale, connecting accountants with prospective buyers and sellers.
Expertise Matters:
At Retiring Accountant, Steve Hagues, the Founder, brings a wealth of expertise rooted in the successful sales of financial services businesses. While not an accountant himself, Steve has been a driving force behind countless seamless transitions in the financial sector, boasting 20+ years of invaluable experience. Leading our dedicated team of professionals, Steve ensures that Retiring Accountant remains a trusted advisor within the financial community. Together, their collective knowledge and strategic insights offer a unique perspective for those navigating the sale or purchase of accountancy practices.
Author Bio:
Meet Steve Hagues, the Founder of Retiring Accountant. With a robust history deeply rooted in the successful sales of financial services businesses, Steve brings unparalleled expertise to the table. His experience spans 20+ years, where he has been a guiding force in facilitating seamless transitions for professionals within the financial sector. Steve works closely with our dedicated team to ensure every client receives personalised attention and expert guidance, drawing upon his extensive knowledge of the sales landscape in the financial services industry.
Navigating the Market:
Explore our regularly updated listings on Retiring Accountant for a comprehensive view of available opportunities. Stay informed with the latest market trends, empowering you to make confident decisions aligned with your professional goals.
Building Trust:
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Client Success Stories:
Discover firsthand accounts from professionals like yourself who have seamlessly bought or sold their accountancy practices with the guidance of Steve Hagues and the dedicated Retiring Accountant team.