Retiring Accountant - Accountancy Practices for sale

Accountancy Practices for Sale

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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Current turn over circa: £45,000

Offers over: £54,000

Established: 5 to 10 years

Gross Recurring Revenue: 30-50k

Number of staff: 0

Locations: Wiltshire

Additional Notes:
- Strong average fees for a limited company of £1,800 and £450 for sole traders.

- This client base is strongly focused on compliance with some bookkeeping and payroll meaning there is significant opportunity to upsell services and take on additional work particularly relating to tax consultancy and trusts work.

- Making good use of software including Tax Calc, Sage and Quickbooks

- All clients coming from word of mouth referrals and based within the local area so an excellent opportunity to further develop your business in this region

BUYER REQUIREMENTS
- Must be based locally in the Wiltshire area

For more information please call 01765 698 699 and quote the reference number 31484

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Current turn over circa: £450,000

Offers over: £580,000

Established: 10 to 15 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: West Yorkshire

Additional Notes:
- Brought to the market for the first time due to retirement

- ACCA Practice with a demonstrable track record of growth boasting a localised client base including 150 Ltd Companies.

- Top 3 clients providing fees of £12,000, £8,000 and £7,000

- Good average age demographic 45-50 yrs

- This firm benefits from a qualified and well structured team who have strong relationships with the clients and take immense pride in providing a tailored and professional service to the current portfolio

- Using software including Xero, Sage and Digita my client has very much embraced the modern era which will aid in a seamless transition in the future

For more information please call 01765 698 699 and quote the reference number 31483

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Current turn over circa: £500,000

Offers over: £700,000

Established: 15 to 20 years

Gross Recurring Revenue: 300-500k

Number of staff: 3 to 5

Additional Notes:
- My client, a creative accountancy firm, comes to the market with a view to finding a practice with experience in the industry or one who is looking to enter into the space

- Large majority of the portfolio is limited companies with average fees of £5,000+ for compliance demonstrating the quality of the portfolio you'd be taking on

- Ample opportunity to offer additional services including advanced tax advice and consultancy work including management accounts and quarterly reviews

- Full team of staff in place to help support the sale and service clients going forward

- Principal happy to offer a warm and flexible handover to suit your requirements to ensure the strongest retention rates possible

- 100% of clients are using Xero providing an easy and efficient transition for those utilising the software

BUYER REQUIREMENTS:
- Must retain staff
- Chartered practice
- Turnover £700,000+

For more information please call 01765 698 699 and quote the reference number 31482

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Current turn over circa: £60,000

Offers over: £72,000

Established: 30 to 35 years

Gross Recurring Revenue: 50-70k

Number of staff: 0

Additional Notes:
- My client comes to the market for the first time due to retirement and is looking for a friendly firm to take over current relationships that is ideally located in Chelmsford, Witham, Braintree, Halstead, Colchester and surrounding areas

- The portfolio is made up of less than 25 clients demonstrating the quality of the fees in place

- Ample opportunities to improve efficiencies through further usage of software giving you an immediate value leap for clients

- Principal happy to provide a short warm handover to help ensure client retention

For more information please call 01765 698 699 and quote the reference number 31481

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Current turn over circa: £320,000

Offers over: £352,000

Established: 25 to 30 years

Gross Recurring Revenue: 300-500k

Number of staff: 3 to 5

Locations: Birmingham

Additional Notes:
- Majority limited companies with average fees of £850

- This firm currently focuses on compliance, bookkeeping and payroll but there is significant opportunity to take on additional work and upsell services including the management accounts and more consultancy work

- Currently operating on IRIS software

- Full team of experienced staff members with strong relationships with the clients ensuring continuity

BUYER REQUIREMENTS
- Must retain staff
- Must retain premises
- Turnover in excess of £450,000
- Past acquisitions experience

For more information please call 01765 698 699 and quote the reference number 31480

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Current turn over circa: £850,000

Offers over: £1,105,000

Established: More than 35 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 5 to 10

Additional Notes:
My client comes to the market due to retirement and is looking for a friendly firm that prioritises client care and relationships whilst offering a quality service

Large majority of clients are limited companies with average fees ranging between £2-3,000 for compliance demonstrating the quality of the portfolio

Ample opportunity to offer additional services, specifically in consultancy, advanced tax advice and financial services

Roughly 35-40% of the fee base is on monthly direct debit giving you instant cash flow from day one

Full team in place to support the transition and continue client relationships going forward

Principal happy to offer a warm handover to ensure the strongest retention rates

BUYER REQUIREMENTS:
Turnover £1,500,000+
Must retain local presence
Acquisition experience is ideal but not essential
Client focused practice

For more information please call 01765 698 699 and quote the reference number 31478

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Current turn over circa: £350,000

Offers over: £385,000

Established: 20 to 25 years

Gross Recurring Revenue: 300-500k

Number of staff: 5 to 10

Locations: Cornwall

Additional Notes:
- Strong average fees of £1,250 and a low average client age demographic of 45-50. A diverse portfolio of limited companies, sole traders, partnerships and

- Full team of experienced staff members you can benefit from with strong relationships with the clients to ensure continuity and high retention

- Adjusted profit margin of 40%

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

BUYER REQUIREMENTS
- Must retain office space

For more information please call 01765 698 699 and quote the reference number 31476

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Current turn over circa: £900,000

Offers over: £1,125,000

Established: 10 to 15 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 5 to 10

Additional Notes:
- My client comes to the market for the first time with a view to finding a friendly and proactive to continue on staff and client relationships

- Strong percentage of limited company clients with healthy average fees of £2,500+ and a low demographic age demonstrating the quality nature of the business you'd be taking on

- With a well experienced and qualified team in place that are keen on personal development, you will benefit from consistent quality work and client referrals which will continue to assist in annual growth

- The owners will happily provide a warm handover over to suit your requirements to ensure the strongest retention rates possible

BUYER REQUIRMENTS:
- Must retain local presence
- Must retain staff
- Proof of cash/funding for the offer amount

For more information please call 01765 698 699 and quote the reference number 31475

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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.