Current Sales


SALES LISTING - PAGE 1
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Ref: LN7327
GRF £2,200,000
No. of Partners Multi-Partner Practice
Location Central London
Status available
Description

This practice, which was established in the 1960s, is available for sale/merger, due to the impending retirement of the partners.

Turnover: c£2,200,000

  • Fees: Average fee - £2,000, Largest fee - £127,500
  • Fees Include: 20+ audit limited companies - £180,000, 375 non audit limited companies - £1,200,000, 200 partnerships & sole traders - £145,000, 500 tax cases - £475,000, non-recurring consultancy - £150,000
  • Staff: 20 employees
  • Premises: Leased (expires Q1 2021, £265k p.a. (inc rates), 4,800 sq ft)
  • Software: Iris, Xero, Sage, Quickbooks, Autoentry
  • Consultancy: One of the key Partners could well be interested in Merger rather than Sale but we wish to leave all options on the table at this stage. The partners will be available to assist in the transition period to ensure a smooth handover of clients.

Ref: LN6818
GRF £504,000
No. of Partners Sole Practitioner
Location SW London
Status available
Description

This practice, which was established in the 1980s, is available for immediate sale.

  • Turnover: c£504,000
  • Fees: Average fee - £840
  • Fees Include: 250 non audit limited companies - £250,000, 100 partnerships & sole traders and 250 tax cases - £254,000
  • Staff: 2 full-time, 4 subcontractors
  • Premises: Leased
  • Software: Sage, PTP, Xero
  • Consultancy: A large portion of the client base has a strong connection with Southern Europe, in particular Southern France and Italy. Some knowledge or experience of dealing in those areas is essential.
Ref: LN6991
GRF £228,250
No. of Partners Sole Practitioner
Location M40 Corridor Buckinghamshire
Status underoffer
Description

This practice, which was established in the 1990s, is available for sale due to the impending retirement of the practitioner.

  • Turnover: c£228,250 (Profit c. £93,770)
  • Fees: Average fee - £900, Largest fee - £12,000
  • Fees include: 112 limited companies non audit - £170,780, 65 partnerships/sole traders - £49,360, 46 tax cases - £8,110
  • Staff: 1 full-time, 2 part-time, 2 subcontractors
  • Software: Sage, Forbes
  • Premises: Leased (5 years/3 yr break clause, £20k p.a., 900 sq ft)
  • Consultancy:The owner will be available to assist in the transition period to ensure a smooth handover of clients.

Ref: LN12563
GRF £585,000
No. of Partners 2-Partner Practice
Location M1 Corridor - Herts
Status inmeetings
Description

This practice, which was established in the 1990s, is available for sale due to the impending retirement of the partners.

Turnover: c£585,000 (Profit c£260,000)

  • Fees: Average - £1,200 Largest fee - £24,000
  • Fees Include: 250 non audit limited companies - £200,000, 200 partnerships & sole traders - £75,000, in addition there is payroll, bookkeeping and cosec services - £305,000 provided to ltd companies, partnerships and sole traders
  • Staff: 3 full-time, 2 part-time, 2 subcontract
  • Software: IRIS, SAGE
  • Premises: Leased (break clause in Q2 2022, £34k p.a., 1,700 sq ft)
  • Consultancy: The partners will be available to assist in the transition period to ensure a smooth handover of clients.
Ref: LN11741
GRF £116,000
No. of Partners Sole Practitioner
Location Central Essex
Status available
Description

This practice, which was established in 2004, is available for sale due to the impending retirement of the practitioner.

  • Turnover: c£116,000
  • Fees: Average - £4,354 Largest fee - £38,000 (including 20 non audit limited companies - £106,000, 5 partnerships & sole traders - £5,000, 2 charities - £1,800, other - £4,000) The work is primarily book-keeping and management accounts.
  • Staff: 2 full-time
  • Premises: Owned
  • Consultancy: The practitioner will be available to assist in the transition period to ensure a smooth handover of clients.
Ref: LN8823
GRF £1,000,000
No. of Partners 2 Partner Practice
Location North Yorkshire
Status underoffer
Description

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

  • Turnover: c£1,000,000 (Profit - c£450,000)
  • Fees: Average fee - £1,000 largest fee £40,000
  • Fees Include: 1 ltd company audit - £10,550, 205 non audit limited companies - £580,000, 170 partnerships & sole traders - £179,450, 529 tax cases 130,000, 17 Charities/Trusts, other - £100,000
  • Staff: 7 full-time, 5 part-time (excluding admin staff)
  • Software: IRIS, Sage & Kashflow
  • Premises: Leased (ends 2022, £17,500p.a.)
  • Consultancy: The partners will be available to assist in the transition period to ensure a smooth handover of clients.