The partners will be available to assist in the transition period to ensure a smooth handover of clients.
Ref:
MC396
GRF
£220,000
No. of Partners
2 Partner Practice
Location
South West Manchester
Status
Description
This practice, which has been established over 30 years, is available for sale due to the impending retirement of the partners.
Turnover: c£220,000
Fees: Average - £2,000 Largest fee - £15,000 (including 85 non audit limited companies - £180,000, 15 partnerships & sole traders - £10,000, 12 tax cases - £30,000)
Staff: 2 full-time, 1 part-time
Software: Digita
Premises: Owned
Consultancy: Availability is immediate - with one partner wishing to retire immediately while the other partner will be arounf to help with a transferr for as long as the acquirer wants
Ref:
MC4417
GRF
£296,000
No. of Partners
Sole Practitioner
Location
West Cumbria
Status
Description
This practice, which was established in 2003, is available for sale due to the impending retirement of the practitioner.
Turnover: c£296,000
Fees: Average fee - £490, Largest fee - £4,200
Fees Include: 122 non audit limited companies - £115,000, 392 partnerships & sole traders - £162,000, 80 tax cases - £17,000, 10 other - £3,000
Staff: 3 full-time, 3 part-time
Premises: Leased
Software: CCH
Consultancy: The practitioner will be available to assist in the transition period to ensure a smooth handover of clients.
Ref:
MC5112
GRF
£139,000
No. of Partners
2-Partner Practice
Location
South Lancashire
Status
Description
This practice, which was established in 2005, is available for sale due to the impending retirement of the practitioner.
Turnover: c£139,000 (Profit c£37,500)
Fees: Average - £930 Largest fee - £9,900
Fees Include: 66 non audit limited companies - £111,075, 82 partnerships & sole traders - £27,925
Staff: 2 full-time, 1 part-time
Software: IRIS, Sage, Keytime
Premises: Leased (£9.5k p.a., 509 sq ft)
Consultancy: The practitioner will be available to assist in the transition period to ensure a smooth handover of clients.
Ref:
MC4942
GRF
£261,000
No. of Partners
Sole Practitioner
Location
M61 Corridor
Status
Description
This practice, which was established in 2010, is available for sale.
Turnover: c£261,000 (Profit c£120,000)
Fees: Average - £830 Largest fee - £8,200
Consultancy: This is a slightly unusual deal whereby the Vendor would like to sell and turn himself into a part-time employee. This approach could be quite interesting in terms of both profit generation and indeed manpower availability.
Ref:
MC675
GRF
£311,000
No. of Partners
2-Partner Practice
Location
North Manchester
Status
Description
This practice, which was established in the 1980s, is available for sale due to the impending retirement of the partners.
Turnover: c£311,000 (Profit c£110,000)
Fees: Average fee - £725, Largest fee - £7,800, Fees include: - 3 audit companies - £10,000, 135 non audit limited companies - £169,000, 172 partnerships & sole traders - £101,000, 70 tax cases - £11,000, 50 payroll - £20,000
Staff: 6 full-time, 2 part-time
Software: IRIS (for accounts and tax), Sage (for payroll)
Premises:Owned by partners (3,000 sq ft)
Consultancy: At least one partner will remain, potentially for quite a while, in order to ensure a smooth and successful transfer. There is also a Senior Manager in the practice (with Partner potential) that could become part of the deal if the acquirer wishes.