Current accountancy practices for sale

Description

Block of IR35 fees

Goodwill sale

Seeking 1.1 x GRF

Specialising in animal healthcare sector

Strong online referral system

Excellent recommendation stream

Continuing to grow

70+ clients

Cloud based

Fixed fees

No debtors

No staff

Highly profitable

This small yet successful portfolio would make an excellent fit to a larger firm specialising in IR35 or this sector, or for a smaller cloud based practice seeking to build further.

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

Established by vendor 15 years ago

Seeking to retire

Seeking GRF x 1.2

General practice

250+ clients

CIMA regulated

Several larger fees

Salaried partner seeking to remain

1 other member of staff as well as salaried partner

Highly profitable

Mainly fixed fees

Vendor available to work part-time for 6 months if required

Ideal opportunity for smaller or similar sized local firm to jump to a new level or for a larger established firm to consolidate and reduce overheads.

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

Quick sale required due to ill health of managing partner

Part of a 3 practice firm

Established 2 years ago and still growing

100 clients

Mix of sole trader and small limited companies

Purchaser may be able to retain branding 

Full support from other offices

Rented premises

1 member of staff

Ideal opportunity for small home based practice to jump to the next level and take advantage of the group name with potential to grow within a larger framework. Also suitable for established local firm to subsume into their office and strip out overheads.

Description

GRF £84,000

Chartered Tax Advisers

1 member of staff who knows all jobs thoroughly

Would need to move location within a few months

Owner taking up full time position with largest client ( excluded from sale )

Approx 200 clients

Scope for fee increases 

Mix of business types

Mix of services offered

General practice

Ideal for similar sized practice seeking  to move to the next level or a larger firm able to strip out overheads and absorb into existing premises

Description

Whole practice

Retirement but available up to 2 years

Seeking 1.2x GRF

Established over 30 years

Staff to be retained

Premises rented

Approx 900 clients with scope to increase fees circa 10%

Drawings of £100,000 +

Excellent opportunity for established practice of similar size to grow to next level and enjoy synergies OR for larger practice to bolt-on as part of growth strategy

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

Scope to reduce overheads

200+ clients

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

Hospitality industry

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.

Description

Whole of practice

ICAEW

Established 6 years

Principal retiring early

Seeking 1.2x GRF

63 clients

Mix of sole traders and small limited companies

No staff

No premises

Mainly fixed fees

Highly profitable

Ideal opportunity for a part time practice to make the jump to full time or for a small established practice to absorb into their operation with minimal or zero overhead

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

Due to passing of partner the family are seeking a quick sale

Asking price £75,000

Established over 20 years

ICAEW Regulated

1 member of staff , 1 contractor

Broad client mix but many contractors in IT and Management Consultancy

170 clients

No premises involved

This is a good opportunity for a first time buyer or small firm to acquire an established portfolio of clients at a price that fairly reflects the lack of availability of the seller.

Buyer must be able to complete quickly 

Description

Established 28 years

Seeking retirement

400 clients

Mainly sole traders

Scope for fee uplift 

1 part time admin support

1 subcontractor

Vendor available for 12 months after handover

Asking price OIRO £75,000

This opportunity is ideal for somebody seeking to move from part time practice to the next level or as a bolt-on to an existing practice with spare capacity

Description

Whole practice

Minimal overheads

Mainly tax returns and advice

No premises

Grown through recommendation

54 clients 

Immediate sale sought due to retirement

£49,950 for recurring fees . Non recurring by negotiation

Ideal opportunity for first timebuyer seeking to expand or as bolt-on to existing

Description

Entire practice

Asking £49,950

Sole practitioner retiring

Profit £30,000

No staff

General practice

79 Clients

Mix of fees sizes 

No premises

Near to M60

Description

Whole practice

Seeking £165,000

Partner retiring

Willing to work flexibly if required during first year

Profits £60,000

1 p/t accounting staff member to be retained

General practice

190 clients

Premises available to rent from seller

Good passing trade 

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

Long established firm

ICAS regulated

Partners seeking succession solution

Flexibility on exit timing and options for right buyer

Well regarded with very high client retention

Over 1,000 clients

Consistent growth in recent years

Highly profitable

Motivated staff

Opportunity to grown HNW engagement

Good base from which to expand to other towns or spread footprint across Scotland

Diverse client base

Offers invited on a pro rata partnership basis

This is a rare opportunity to buy into an independent practice with a good footprint that is ripe for taking to the next level, either for an incoming senior accountant or for an existing firm with a similar ethos to consolidate its position

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

Established 50 years

ICAEW regulated

Owner retiring

60 clients

Highly profitable

Good location

General accountancy services

Good fee levels

Long contracts for bookeeping 

Fees up to date

Low WIP

Ideal opportunity for part time practice to go full time, or regional firm to grow by bolt-on, or similar size firm to grow to next level

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

Retirement

Est 40 years

1 partner , available post sale for 3 months

Highly profitable

No staff

No premises

300 clients

General mix of fees

Grown by word of mouth

Can be serviced remotely

Ideal opportunity for a similar size firm or a larger one to expand their client base at minimal overhead cost

Description

Established 40 years

Partners retiring - one available for p/t consultancy

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 30 years

Offers invited 

Profitable

Partner retiring but flexible on options for buyer

General practice

Audit

500 clients

Good spread of fees

Steady turnover in past 5 years

High client retention rate

Good staff retention

High street presence 

Potential for expansion into financial services

Ideal for similar sized local firm seeking to expand or for regional firm looking to widen its footprint.

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