Current accountancy practices for sale

Description

2 partners

Retiring 

Established over 30 years

Seeking 1.2xGRF

Very profitable on an hourly rate basis 

Each partner works circa 20 per week 

Many small clients such as contractors and freelancers with fixed fees and minimal work

Also good number of larger trading business fees

Approx 600 Clients

Most clients located locally

Rented premises

2 part-time staff members

High Street location

General mix of clients

This is an ideal opportunity for somebody with a small home practice looking to move onto the high street and jump to the next level or for a similarly orientated practice to scale up with minimal overheads or for a husband and wife seeking a lifestyle practice.

Description

Partners seeking change of career

65% share available - offers invited for a quick sale

Founded by senior partner

Established 9 years ago

FMAAT regulated 

General practice

Profitable

750+ clients

Mainly sole traders

Low WIP

Most clients on payment plan

6 Staff members

Good high street location

This is an ideal opportunity for an existing firm or group to expand their footprint through purchase of a recognised local brand

Description

Whole of practice for sale

GRF £430,000

Seeking in region of 1.2x GRF

Partner seeking to retire

Flexible on timing but wishes to work with a first time buyer

Available for consultancy for up to 5 years

Amenable to earn out for right candidate

Established 20 years

Approx 600 clients

Good mix of fees

General practice

Profitable

Low level of WIP

5 staff members 

Premises to be retained

This is a very rare opportunity for a buyer with experience at a senior or managerial level to take over a profitable practice with quality clients and a prosperous hinterland on an earn out basis.

Description

Partners planning retirement in next 6 months

Partners would stay involved for as long as necessary to ensure a smooth transition of clients.

A very reputable and efficiently run practice based north east of Glasgow

Offers in excess of 1 x GRF

Highly profitable

Several qualified staff

Staff and office available

Would be an ideal acquisition for a similar sized firm looking to acquire an additional office with the full infrastructure already in place or for a well-funded individual looking to buy into an excellent opportunity for partnership

Description

Whole practice

Clients nationally

Seeking 1.05 x GRF

Established over 10 years

Owner retiring

Flexible on working post-sale

200+ clients

8 members of staff , recommended to retain key 3 or 4 

Hospitality industry - thrived during and after covid

Approved by national chains for their franchises

Can be folded into existing practice

Fully portable as key staff travel around the country

Ideal opportunity for an established practice seeking to branch into a speciality or for existing company in this sector to grow. Throughout covid this firm strengthened its client relationships with support packages and has a bright future ahead.

Description

Multi Disciplinary Practice providing legal services as well as accountancy

Established in current format 7 years but roots go back over 25 years

Partners seeking retirement

Will sell either company or goodwill

1,000 clients 

9 staff inc subcontractors and legal services 

Wide range of accountancy services

Range of legal services incl wills,  probate and conveyancing

One partner wishes to retain a small group of fees circa £70k

Rented premises

Owners flexible on leaving arrangements

This was one of the first firm in the UK to go MDP and has never looked back

Represents an ideal opportunity to get straight into lucrative legal services with huge cross-selling potential

Description

Whole practice for sale

Est'd 2016

Seeking GRF x 1

Small amount non-recurring fees

Partner emigrating but available for several months post-handover

110 clients

Mainly small accounts / tax returns

No premises

Ideal opportunity for part-time practitioner or for small firm seeking to gain momentum to next level

Description

Whole practice 

Seeking £210,000

Partner retiring 

Flexible on remaining up to a year if required

Highly profitable due to very low overheads

No staff

No premises requirement

General practice

150 clients

Description

Partner retiring

Whole of practice

Seeking 1.2x GRF

Profitable

No staff

Partner flexible on staying

200 clients

General mix of clients and work

Mainly sole traders

Established by vendor over 15 years ago

This opportunity would suit a local firm seeking to bolt-on fees or for a first time buyer looking for a solid base to grow from

Description

Whole practice

Price 1.25x GRF

Partner retiring 

General practice

Established 11 years by vendor

Rented premises

ACCA regulated

1 member of staff

170 clients

Several large fees

Split evenly between sole traders & limited companies 

Ideal opportunity to acquire a small but profitable practice with scope to grow. Suitable for part timer seeking to move to the next level or established firm to integrate and save overheads.

Description

Selling whole of practice

Asking £53,750 

Established 30 years + 

ICAEW

These fees are the balance of a partial retirement sale in 2016 handled by us

Partner seeks full retirement 

Deal is sought now to take effect later in the year

Clients a mix of sole trader and small limited companies

General accountancy work

No staff

No premises

91 clients in total 

Largest fee £1,600

This is an ideal opportunity for a small or part time practice to bolt-on additional fees and move to the next level

Description

2 partner practice

Both partners retiring , one willing to continue as consultant

GRF £170,000

Established 1950

Seeking 1.2 x 

Profitable

200 clients

Good mix of fees

General practice workload

Premises may be available by separate negotiation

This is an ideal opportunity for an existing firm to expand their regional footprint or to bring the workload into their existing operation and save establishment costs

Description

Whole practice

Asking £299,950 

Principal retiring but available on a flexible or part time consultancy / advisory basis

Profits in excess of £175,000

Retention of main staff member highly recommended but not essential although their input reduces principal’s workload significantly.

Fees in excess of £5,000 for 50% of clients

Circa 35 clients

Easily relocatable into existing premises.

This niche practice enjoys a strong relationship with its clients and performs a highly focused advisory role to take smaller growing firms to the next level as well as assisting them in daily management and business decision making.

This is a rare opportunity for an established firm to jump to upscale into high margin advisory services and would suit an individual or a practice with commercial experience

Description

Whole practice

Partners seeking change of direction

Offers invited 

Partners flexible on leaving date

Profits in excess of £350,000

15 Staff

General practice

Good range and size of fees

Est over 30 years

Leased premises

Over 500 clients

Low WIP

Ideal opportunity to acquire a solid practice with good reputation 

Seeking to complete deal within 12 months

Description

Whole practice 

Asking £265,000 

Both partners retiring but available for up to a year on a consultancy / advisory basis

Profits in excess of £55,000 

Staff work remotely and retention is advised

Fees range between £250 and £1,000

Circa 400 clients 

Easily relocatable

Huge scope for increased profitability vast majority of work undertaken by staff as directors have spent their time on building the brand, which now is yielding fruits.

This is a specialist in tax advice and enjoys a strong relationship with leading trade organisations in its field, bringing in repeat business. It enjoys a strong established online presence leading to many enquiries on a daily basis and is more of a national brand than an accountancy practice, with huge potential for increasing income.

This is a rare opportunity for an established firm to jump to a new level by acquiring a recognised brand that is prominent in its advisory field.

Description

Block of fees

Seeking £29,995

Vendor winding down towards retirement

Very profitable

No staff

General mix of clients

No premises

Further fees expected in coming years as vendor retires fully

Ideal opportunity for first foray into practice or for somebody to bolt-on

Description

Sole practitioner

Seeking to downsize and focus on FD role

Price £125,000

General practice

Established 1994

140 Clients

Profitable

Flexible on staying on as consultant for 6 months or so

Flexible as to premises retention

2 Staff

This is an ideal opportunity for an established practice to bolt - on a mixed portfolio of quality clients as the vendor has divested the firm of the poor payers and difficult clients over the last couple of years. 

Description

Fee block for sale

Established over 10 years

Asking 1.2 x GRF 

Partner retiring

Very profitable

Specialised management function for SMEs

22 clients 

5 staff 

Rented premises but portable fees

This niche business acts as a management function for successful SMEs on a virtual FD advisory basis covering the usual financial functions an FD would be expected to cover. Clients are visited regularly but each according to their needs otherwise serviced remotely.

This is a niche opportunity for an existing firm offering similar services or for an experienced FD or management accountant to achieve their own diversified client portfolio.

Description

Established over 30 years

Very profitable

ICAEW regulated

Partners seeking to retire but available for short consultancy

Premises available to rent if required

15 Staff , 11 Fee earners

900 clients

Specialists in media, healthcare , sport and tax

Mix of sole traders , limited companies and individuals

Low WIP

Less than 2 months of fees outstanding

Scope for fee increases

Great potential for further growth as new business being turned away

This represents an ideal opportunity for large established practice to take itself to the next level or for a practice seeking to extend a regional footprint.

Description

Whole of practice

Retirement

Seeking 1.2x GRF

General accountancy 

Specialist in land and property tax compliance

Established 5 years ago grown rapidly

Low cost model with staff working remotely

Clients been serviced remotely pre Covid

All clients by referral

Young client profiles

Scope to upsell consultancy

Many clients paying monthly

Senior staff to be retained

Ideal opportunity for an existing or new practice that is comfortable with paperless and remote working

Description

Established 10 years ago

ACCA regulated

Owner seeking fresh challenges

Operates virtually

Seeking offers above 1.25x

135 clients

Good client mix

Minimum fee is £500

Profitable 

Scope to leverage virtual presence

Buyer will benefit from successful referral system

Negligible fees owing

Ideal opportunity for existing virtual firm to grown further or for a traditional firm to move online as part of a post-Covid strategy

Description

ICAEW firm 

Established 20 years

4 partner 

Retirement of all but ONE partner , who may or may not sell her equity at this moment

1 other partner flexible on consultancy

Over 650 clients

No single client larger than 1.5% of turnover

General practice 

High street presence

Well respected locally - business continues to grow by word of mouth

Very high client retention rate

Highly profitable 

High staff retention

Offers invited in excess of 1.25x 

8 members of staff

Staff and premises to be retained

Ideal opportunity for well established firm to expand its regional footprint or for a similar size firm to reach the next level. Massive potential for cross selling and upselling esp in financial services.

Description

Established 40 years

Partners retiring - one available for p/t consultancy

Goodwill sale

Seeking 1.1x GRF

High street presence

Grown steadily in recent years

500 clients

Good average fee

General accountancy

Profitable

Premises available to rent or purchase

Ideal opportunity for an established local practice to consolidate with a respected firm or for a regional firm to expand their footprint in a prosperous area

Description

Established over 25 years

Sole practitioner

Retirement

ACCA Regulated

Includes audit clients circa 10% GRF

Broad mix of clients

General practice

Highly profitable

Premises available

Low debts and WIP

340 clients

High client retention rate

2 P/T and 1 F/T staff members 

Offers in excess of 1.3x GRF are welcome

Ideal opportunity for similar or smaller size firm to grow to the next level or for a larger firm to absorb and save on overheads

Description

Partner winding down towards retirement

Selling fee block based in one of his locations 

Potential for buyer to acquire balance of fees in due course

Firm itself established over 20 years

Mix of clients - sole traders , partnerships, individuals and limited companies

66 clients in total

Fee range from £250 to £5000

No client exceeds 10% of fees for sale

Grown by recommendation

Flexible charging rate

1 member of staff - available if required

Offers sought in excess of 1.38x GRF

This opportunity is ideal for a new practice to establish itself, a smaller operation to scale up to the next level or for an established firm to move the fees into their office without the overheads, within 10 miles of current location

Description

Established 17 years

Partners retiring but flexible on timing

ICAEW Associated

Grown through acquisition and organically

General practice but specialising in farming and haulage

1400+ clients

8 staff

Large number of payroll clients

High client retention rate

Potential to expand to nearby towns

Scope for fee increases at lower levels

Potential to upsell and cross-sell

This established firm enjoys a solid reputation and presents a rare opportunity to expand deeper into Derbyshire or for a Greater Manchester firm to move beyond it's boundaries, or for a regional firm of similar or larger size.

Description

Batch of fees - 1 of 2 may sell both to same buyer

Owner seeking funding for other venture

London based but clients throughout the country

High IT driven

Managed by a client manager supported by a bookkeeper

Net margin after costs is 50% - highly efficient model

Work done remotely at home since onset of Covid

General SME limited companies

150 clients approx

Average fee £1,700

Clients pay on month DD

This opportunity could be snapped up by another virtual firm or an existing firm seeking to break into the virtual market.

Seeking offers of 1.45x fees with early payment terms to form part of an offer

Description

Batch of fees - 1 of 2 may sell both to same buyer

Owner seeking funding for other venture

London based but clients throughout the country

High IT driven

Managed by a client manager supported by a bookkeeper

Net margin after costs is 50% - highly efficient model

Work done remotely at home since onset of Covid

General SME limited companies

150 clients approx

Average fee £1,700

Clients pay on month DD

This opportunity could be snapped up by another virtual firm or an existing firm seeking to break into the virtual market.

Seeking offers of 1.45x fees with early payment terms to form part of an offer

Description

Partner retiring

Available part-time post sale

Established 30 years

Seeking offers within a flexible earn-out framework

Chartered Accountants and Registered Auditors

600+ Clients

Steady turnover in recent years

Good client retention

Highly motivated staff

General accountancy service and business advisory

Premises available for purchase separately

Scope to increase fees at lower end of range

This is an opportunity to acquire a highly regarded practice with an excellent reputation among clients and as a caring employer.

Would appeal to regional firm seeking to expand or a local firm looking to grow quickly.

Rare opportunity for somebody with leadership and managerial ability seeking to break into practice through an earn-out

Description

Partners with associates

Chartered Accountants and Auditors

Seeking sale of all or part of the firm

Long established

Excellent reputation

Motivated and loyal staff

Grown organically and via recommendation

800+ clients

Good spread of fees

Scope to increase fees at lower end

Large potential for financial service upselling

Vendors flexible on offers and deal structure as long as it works for staff and clients

This unusual opportunity would suit a regional firm based in Scotland or an English firm looking for a foothold in a thriving and prosperous new location. Alternatively it may be of interest to investors in accountancy.

Description

Specialist to the property sector

Owner focusing on other business interests

Grown from inception to £500k in 3 years through intense investment and marketing

Continuing to onboard several clients a week 

Over 500 active clients

8 staff

Mix of virtual, and office when required

Vendor availabel for 1 year post-sale

Massive potential to upsell and cross sell

Seeking offers in excess of 1.45x Fees

This unusual but highly successful firm will appeal to dynamic accountancy firms with a good understanding of the property sector who are not afraid to reinvest profits into a robust marketing machine.

Description

Partners retiring 

Available post-sale by agreement on ad hoc basis

Established 30 years

Profitable

Grown by word of mouth 

General practice but focus on tax and business advisory

80 clients

Mix of trades

Good size average fee

2 members of staff 

Low level of WIP

Charging based on value

This successful and well regarded practice is an opportunity for a like minded or simialr sized firm to grow to the next level

Description

Complete fee bank for sale

Est'd 7 years ago

Seeking GRF x 1.2

Retirement

139 clients - mixed size 

Mix of slef and employed and ltd co

Mainly small accounts / tax returns

Low levels of WIP

2 P/T staff members

No premises

This opportunity would suit a local firm seeking to bolt-on fees or for a first time buyer looking for a solid base to continue growth and use spare capacity  or for somebody starting out on their own looking for a modest base from which to expand

Description

Whole of fees

General practice

Sole practitioner

Est'd over 30 years ago

Seeking GRF x 1.25

Retirement

160 clients

1 P/T staff member

No premises

This opportunity would suit a local firm seeking to bolt-on fees or for a first time buyer looking for a solid base to continue growth and use spare capacity  or for somebody starting out on their own looking for a modest base from which to expand

Description

GRF approx. £250,000

Established over 20 years

Sole practitioner

Divestment of portfolio to focus on other businesses

Ltd company contractors

Low WIP

211 company clients

Ideal opportunity for a firm specialising in PSC clients to bolt-on a profitable portfolio that is unlikely to be caught by IR35