Retiring Accountant - Accountancy Practices for sale

Accountancy Practices for Sale

Current turn over circa: £60,000

Offers over: £84,000

Established: 3 to 5 years

Gross Recurring Revenue: 50-70k

Number of staff: 0

Additional Notes:
- Majority limited companies with very strong average fees of £1800 and a very low client average age demographic of up to 40

- Majority of the clients are on monthly billing structures

- Making strong use of software with clients services remotely

- Significant opportunity to grow this portfolio further with the business receiving ongoing referrals of at least one new enquiry per week

BUYER REQUIREMENTS
- firm established at least 10 years
- successful acquisitions experience
- turnover in excess of £400,000

For more information please call 01765 698 699 and quote the reference number 31465

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Current turn over circa: £200,000

Offers over: £240,000

Established: 10 to 15 years

Gross Recurring Revenue: 150-200k

Number of staff: 1 to 3

Locations: Dorset

Additional Notes:
- Majority limited companies with strong average fees between £1200 - £1500 and a low average age demographic of clients between 45-50

- You will benefit from a team of experienced and qualified staff members who hold strong relationships with the clients ensuring continuity

- Very healthy profit margin of 48% with most clients on monthly billing structures ensuring a quick return on your investment

- Preferable to keep on the premises but not essential if purchaser has a local presence already

For more information please call 01765 698 699 and quote the reference number 31464

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Current turn over circa: £750,000

Offers over: £975,000

Established: 15 to 20 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 5 to 10

Additional Notes:
- My client is a high quality firm coming to the market for the first time due to retirement with a focus on finding a friendly and professional purchaser to continue client relationships

- The portfolio is strongly comprised of limited companies with average fees between £1,500-2,500 and a low demographic of 45 demonstrating the quality of the business you'd be taking on

- This practice boasts a qualified and well experienced team who offer a bespoke service to clients and take pride in their roles which has contributed to their consistent 10-15% annual growth

- Ample opportunity to offer additional services including consultancy and advanced tax advice

- Principal happy to offer a warm handover in the coming years to ensure a smooth transition for all parties, but will consider a shorter period if that aligns better with your business plans

BUYER REQUIREMENTS:
- £1.5mil+ turnover
- Must provide audits inhouse
- Must retain local presence

For more information please call 01765 698 699 and quote the reference number 31462

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Current turn over circa: £170,000

Offers over: £221,000

Established: 25 to 30 years

Gross Recurring Revenue: 100-150k

Number of staff: 1 to 3

Locations: Surrey

Additional Notes:
- Majority limited companies with strong average fees of £1200 and a healthy profit margin of 50%

- 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 clients ensuring continuity and high retention

- My client comes to the market to explore suitable opportunities with a view to complete early 2025

For more information please call 01765 698 699 and quote the reference number 31461

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Current turn over circa: £50,000

Offers over: £60,000

Established: 10 to 15 years

Gross Recurring Revenue: 30-50k

Number of staff: 0

Locations: Lanarkshire

Additional Notes:
- Block of fees portable within Lanarkshire
- For sale due to retirement
- Asset Sale
- Fee Range - Ltd Companies £1300 - £3000
- Good average age demographic 45-50 yrs
- Very high client retention rate
- no overheads to inherit

For more information please call 01765 698 699 and quote the reference number 31460

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Current turn over circa: £350,000

Offers over: £490,000

Established: 15 to 20 years

Gross Recurring Revenue: 300-500k

Number of staff: 3 to 5

Additional Notes:
- My client comes to the market with a view to finding a purchaser who offers a personal service and puts an emphasis on client relationships

- The portfolio is predominantly comprised of limited companies and holds an average age of 45 giving you strong longevity in the business going forward

- Ample opportunity to offer consultancy work

- Clients are dealt with almost entirely remotely giving you the opportunity to port this into your office across London and benefit from additional synergy savings

- Excellent use of online software

- Qualified team who play a key role in offering a tailored service to clients which has contributed to consistent year on year growth

BUYER REQUIREMENTS:
- Turnover £700,000+
- Established 5+ years
- Must have cash or proof of financing for the offer amount
- Minimum of 50% upfront
- Acquisition experience is ideal but not essential

For more information please call 01765 698 699 and quote the reference number 31458

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Current turn over circa: £320,000

Offers over: £384,000

Established: 15 to 20 years

Gross Recurring Revenue: 200-300k

Number of staff: 3 to 5

Additional Notes:
- This is a diverse portfolio of limited companies, sole traders, partnerships and payroll with healthy average fees of £1200

- You will benefit from a team of well experienced and qualified staff members who hold strong relationships with the clients ensuring continuity

- Making strong use of software including Xero, Sage, Quickbooks, IRIS and more but with potential to streamline these further

- The option to take on an excellent office space should you require but not a condition of the sale

For more information please call 01765 698 699 and quote the reference number 31457

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Current turn over circa: £400,000

Offers over: £520,000

Established: 15 to 20 years

Gross Recurring Revenue: 300-500k

Number of staff: 3 to 5

Locations: Greater Manchester

Additional Notes:
- This is a quality diverse portfolio consisting of majority limited companies and payroll with a low average client age demographic of 45

- Making strong use of software including Xero, Sage, Quickbooks and tax calc

- You will benefit from a team of experienced and qualified staff members who hold strong relationships with the clients ensuring continuity

- Business premises available but not a condition of sale if purchasing party are based locally

This is an excellent opportunity to acquire a well established practice which has been growing year on year through client referrals.

For more information please call 01765 698 699 and quote the reference number 23103

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Current turn over circa: £160,000

Offers over: £192,000

Established: 20 to 25 years

Gross Recurring Revenue: 150-200k

Number of staff: 0

Additional Notes:
- My client comes to the market for the first time due to retirement with a view to finding a friendly firm that puts emphasis on client relationships

- They offer a client base that is made up predominantly of limited companies with a focus on compliance, leaving ample scope to offer additional services where appropriate

- This business boasts a strong history of over 20 years in the area giving you an excellent foundation to further build your practice on

- This principal is making use of software including Keytime, Quickbooks and Xero however there is still room to introduce additional processes and efficiencies to give you a strong return on your investment for many years to come

- Clients are used to dealing with the firm remotely meaning the portfolio can be ported into your practice based across the Surrey and North Hampshire areas

For more information please call 01765 698 699 and quote the reference number 31455

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Current turn over circa: £300,000

Offers over: £390,000

Established: 30 to 35 years

Gross Recurring Revenue: 300-500k

Number of staff: 1 to 3

Additional Notes:

For Valuation Purposes Only

For more information please call 01765 698 699 and quote the reference number 31446

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Embark on Your Next Chapter with Retiring Accountant: Your Leading Source for Accountancy Practices and Businesses for Sale

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:

Trust is the cornerstone of our platform. At Retiring Accountant, our dedicated team upholds the highest ethical standards, ensuring transparency and reliability throughout the process of buying or selling an accountancy practice. Partner with us to experience a platform committed to your success.

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.