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SALES LISTING - PAGE 6
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Ref: LN6547
GRF £1,700,000
No. of Partners 2 Partner practice
Location Hampshire
Status available
Description This practice, which was established in the 1930s, is available for sale due to the impending retirement of the partners.
  • Turnover: c£1,675,000
  • Fees: Average fee - £1,140 Largest fee - £70,000 (including limited company audit - £160,000, limited companies, partnerships, sole traders non audit £710,000, tax cases - £290,000, payroll, client admin, VAT Returns, bookkeeping - £215,000, other tax advice - £300,000)
  • Staff: 21 full-time, 13 part-time
  • Software: Digita, Thomson Reuters
  • Premises: 3 offices all leased
  • Consultancy: The vendors are flexible in terms of how long after completion they stay around for and will support the deal for as long as the acquirer feels is neccessary.
Ref: LN10798
GRF £400,000
No. of Partners 2 Partner Practice
Location Bristol area
Status available
Description This practice, which was established in 1985, is available for sale due to the impending retirement of the partners.
  • Turnover: c£400,000
  • Fees: Average fee - £900 Largest fee - £9,000 (including 280 non audit limited companies - £353,000, 188 partnerships & sole traders - £47,000)
  • Staff: 5 full-time, 2 part-time
  • Software: IRIS
  • Premises: Leased
  • Consultancy: One of the partners will be available to assist in the transition period to ensure a smooth handover of clients.
Ref: LN11417
GRF £35,000
No. of Partners Sole Practitioner
Location Devon
Status pending
Description This practice, which was established in 1993, is available for sale due to the impending retirement of the practitioner.
  • Turnover: c£35,000+
  • Fees: Average - £500 Largest fee - £3,500 (including 15 non audit limited companies - £9,000, 25 partnerships & sole traders - £11,000, 50 tax cases - £10,000, 2 other - £5,000)
  • Staff: None
  • Premises: Home office
  • Consultancy: The practitioner will be available to assist in the transition period to ensure a smooth handover of clients.
Ref: LN9715
GRF £96,000
No. of Partners Sole Practitioner
Location Glamorgan
Status available
Description

This is quite an unusual business with a lot of start-up clients (hence the lower than normal average fee). However, this is a potentially very high growth business in terms of both new clients and fee growth over the upcoming years.

This practice, which was established in 2003, is available for sale due to the impending retirement of the practitioner

  • Turnover: c£96,000
  • Fees: Smallest fee - £30 Largest fee - £4,200 Fees include: - 100 non audit limited companies - £49,500 - 285 partnerships & sole traders - £46,500 - 3 tax cases - £7,500
  • Staff: 2 full-time, 1 part-time
  • Software: Sage, Excel, Xero, Freeagent, Taxcalc
  • Premises: Owned
  • Consultancy: The owner will be available to assist in the transition period to ensure a smooth handover of clients.
Ref: LN6343
GRF £500,000
No. of Partners Sole Practitioner
Location N E Somerset/Wiltshire
Status underoffer
Description This practice, which has been established over 45 years, is available for sale due to the impending retirement of the practitioner.
  • Turnover: c£500,000
  • Fees: Average - £715 Largest fee - £23,000 (including 2 audits - £6,000, 207 non audit limited companies - £230,000, 220 partnerships & sole traders - £164,000, 271 tax cases - £100,000)
  • Staff: 8 full-time, 4 part-time
  • Software: SAPA and PTP
  • Premises: Leased - tenancy at will
  • Consultancy: The practitioner will be available to assist in the transition period to ensure a smooth handover of clients.
Ref: LN10923
GRF £170,000
No. of Partners Sole Practitioner
Location M5 Corridor
Status available
Description This practice, which was established in 2012, is available for sale due to the impending retirement of the partners.
  • Turnover: c£170,000
  • Fees: Average - £570 Largest fee - £20,000 (including 77 non audit limited companies - £95,000, 179 partnerships & sole traders - £47,000, 35 tax cases - £9,500, 3 bookkeeping - £15,000, 10 one-off - £5,500)
  • Staff: 3 full-time, 1 part-time
  • Software: CCH
  • Premises: Leased - Ideally, the vendor would like to see his premises retained by the acquirer as he believes his clients' goodwill to be linked to his location
  • Consultancy: One of the partners will be available to assist in the transition period to ensure a smooth handover of clients.