Retiring Accountant - Accountancy Practices for sale

Accountancy Practices for Sale

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

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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

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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

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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

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Current turn over circa: £180,000

Offers over: £180,000

Established: 15 to 20 years

Gross Recurring Revenue: 150-200k

Number of staff: 1 to 3

Additional Notes:
- This portfolio is strongly made up of monthly management accounts and payroll with a handful of year end accounts and boasts an incredibly strong average fees of £25,000 to £35,000 demonstrating the quality nature of the practice you'd be taking on

- This firm services its clients remotely giving you the unique opportunity to port it straight into your office and benefit from low overheads and synergy savings

- You will have the option to retain a team of experienced accountants or bring the work in house and utilise your own capacity

- My client is happy to offer a short warm handover to ensure strong retention rates

- This firm has made fantastic use of online software and streamlined processes meaning it can easily be scaled up within a short time period

For more information please call 01765 698 699 and quote the reference number 31492

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Current turn over circa: £300,000

Offers over: £360,000

Established: 10 to 15 years

Gross Recurring Revenue: 200-300k

Number of staff: 3 to 5

Additional Notes:
- Majority limited companies with strong average fees of £1,200 and a low average client age demographic of 45-50

- 95% of clients using Xero

- Full team of experienced staff in place who hold strong relationships with the clients ensuring continuity and the highest retention possible

- Option to take on the rented office space but not essential to sale

- Majority of clients based within the local area so an excellent opportunity to develop your own business in this region

- Significant opportunity in the business to take on additional work both through referrals and through upselling services on the consultancy and advisory side

For more information please call 01765 698 699 and quote the reference number 31491

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Current turn over circa: £60,000

Offers over: £66,000

Established: 3 to 5 years

Gross Recurring Revenue: 50-70k

Number of staff: 1

Locations: Greater Manchester

Additional Notes:
- 50% of clients are limited companies with strong average fees of £1,200 and a very low average client age demographic of up to 45 years

- Option to take on a rented office space and member of staff should you require it

- Seller happy to offer a warm and flexible handover to suit your needs and ensure high retention

BUYER REQUIREMENTS
- Buyer must have an existing established firm turnover in excess of £200,000
- Buyer must be qualified
- Highly preferable to have acquired before
- Located outside central Manchester

For more information please call 01765 698 699 and quote the reference number 31489

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Current turn over circa: £75,000

Offers over: £60,500

Established: 30 to 35 years

Gross Recurring Revenue: 50-70k

Number of staff: 0

Locations: Leicestershire

Locations: Leicester

Additional Notes: - The firm a health average fees of £1,300 with over 15 limited company clients demonstrating the quality within this portfolio.

- Top three clients fee making up roughly £5,000, making this a very low risk deal


Buyer Requirements
- In a position to complete within three months
- Local to Leicester

For more information please call 01765 698 699 and quote the reference number 31414

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Current turn over circa: £500,000

Offers over: £600,000

Established: 15 to 20 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: Worcestershire

Additional Notes:
- The firm boasts healthy average fees of £900 with over 300 limited company clients demonstrating the quality within this portfolio

- Making strong use of software including Xero, IRIS and Bright Pay

- Full team of well experienced and loyal staff members ensuring continuity for the client base and high retention rates

- Top three clients fees making up roughly £12,800 demonstrating the low risk nature and security within this portfolio

- Receiving regular word of mouth referrals highlighting quality of goodwill

BUYER REQUIREMENTS
- Must retain office
- turnover in excess of £700,000

For more information please call 01765 698 699 and quote the reference number 31427

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Current turn over circa: £300,000

Offers over: £360,000

Established: 25 to 30 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 between £1000 - £2000 demonstrating the quality and security of the client base

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

- This firm boasts a full team of experienced staff ensuring continuity for the client base and high retention

- My client receives 1-2 new client enquiries each week with a typical conversion rate of 95%, so you can benefit from a firm with consistent year on year growth without the additional cost of marketing

BUYER REQUIREMENTS;
- Turnover £450,000
- Must retain premises
- Must retain staff

For more information please call 01765 698 699 and quote the reference number 31245

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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:

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