Current Sales


SALES LISTING - PAGE 13

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Ref: MC4202
GRF £31,300
No. of Partners Sole Practitioner
Location South Cumbria
Status available
Description

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

  • Turnover: c£31,300 (Profit c£21,500)
  • Fees: Average fee - £670, Largest fee - £5,500
  • Fees include: 12 limited companies non audit - £13,600, 18 partnerships/sole traders - £8,500, 4 tax cases - £2,300, 13 other - £6,700
  • Staff: None
  • Software: IRIS, Quickbooks (the vendor has a very strong preference for the potential acquirer to have a good working knowledge of Quickbooks)
  • Premises: Owned
  • Consultancy:The owner will be available to assist in the transition period to ensure a smooth handover of clients.

Ref: MC4967
GRF £70,000
No. of Partners Sole Practitioner
Location Greater Manchester/M61 Corridor
Status underoffer
Description

This practice, which was established in 2001, is available for sale due to the impending retirement of the partners.

  • Turnover: c£70,000 (VAT Registered)
  • Fees: Average fee - £800, Largest fee - £11,490
  • Fees include: 23 non audit limited companies - £45,475 - 28 partnerships & sole traders - £20,000 - 27 tax cases - £4,195
  • Staff: 1 part-time
  • Software: IRIS, Sage 50for cloud accounts and payroll
  • Premises: Trades from home
  • Consultancy:The owners will be available to assist in the transition period to ensure a smooth handover of clients.

Ref: MC994
GRF £550,000
No. of Partners Sole Practitioner
Location Staffordshire/Derbyshire
Status available
Description

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

  • Turnover: c£550,000 (Profit c£170,000)
  • Fees: Average fee - £1,000, Largest fee - £14,500
  • Fees include: 169 limited companies non audit - £345,000, 327 partnerships/sole traders - £194,000, 43 tax cases - £7,000, 6 other - £4,000
  • Staff: 8 full-time
  • Software: Digita, Sage for payroll and accounts
  • Premises: Owned
  • Consultancy:The owner will be available to assist in the transition period to ensure a smooth handover of clients.
Ref: MC4598
GRF £1,735,000
No. of Partners Multi-Partner Practice
Location Central Cheshire
Status available
Description

This practice, which was established in 2008, is available for sale/merger due to the impending retirement of the partners.

  • Turnover: c£1,735,000
  • Fees: Average fee - £2,000 (including 15 audits - £300,000, 335 non audit limited companies £860,000, 600 partnerships & sole traders - £575,000)
  • Staff: 20 full-time
  • Software: IRIS
  • Premises: Leased
  • Requirements: The partners have differing, but reasonably flexible, requirements and can therefore accommodate a wide range of interest from a sole practitioner buying-in to an outright sale.
Ref: MC2995
GRF £348,000
No. of Partners 2-Partner Practice
Location Central Lancashire
Status available
Description

This practice, which was established over 100 years, is available for sale due to the impending retirement of the partners.

  • Turnover: c£348,000 (Profit c£123,000)
  • Fees: Average fee - £640, Largest fee - £8,800, Fees include: - 7 audit companies - £20,600, 87 non audit limited companies - £147,600, 87 partnerships & sole traders - £117,450, c.300 tax cases - £36,700, 8 other - £26,200
  • Staff: 4 full-time, 3 part-time, 1 consultant
  • Software: IRIS, Sage, Money MAnager, Excel, Croner-i, Eureka
  • Premises: Leased until 2023 (6 mths notice for break clause)
  • Consultancy: At least one partner will be around, for as long as the acquirer wishes, in order to the ensure a smooth and successful handover of clients.
Ref: MC675
GRF £311,000
No. of Partners 2-Partner Practice
Location North Manchester
Status available
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.