Current Sales


SALES LISTING - PAGE 13

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Ref: MC4699
GRF £700,000
No. of Partners Multi-Partner Practice
Location East Cheshire
Status available
Description

This practice, which was established in the 1940s, is available for sale, due to the impending retirement of the partners.

Turnover: c£700,000

  • Fees: Average fee - £1,275 Largest fee - £20,000
  • Fees Include: 16 audit limited companies - £100,000, 180 non audit limited companies - £250,000, 230 partnerships & sole traders - £210,000, 90 tax cases - £90,000, 34 payroll - £34,000, other - £10,000
  • Staff: 9 full-time, 4 part-time
  • Premises: Leased (18 month break clause)
  • Software: IRIS, Taxcalc
  • Consultancy: The partners will be available to assist in the transition period to ensure a smooth handover of clients.

Ref: MC2946
GRF £371,000
No. of Partners 2-Partner Practice
Location Merseyside/Lancs border
Status available
Description

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

Turnover: c£371,000

  • Fees: Average fee - £820 Largest fee - £13,300
  • Fees Include: 5 audit limited companies - £20,000, 110 non audit limited companies - £154,000, 125 partnerships & sole traders - £120,000, 160 tax cases - £43,000, 50 charity/NFP/trusts - £34,000
  • Staff: 5 full-time, 5 part-time, 1 subcontract
  • Premises: Leased (£20k p.a., 1,000 sq ft))
  • Software: SAPA, Sage, IRIS (payroll)
  • Consultancy: The partners will be available to assist in the transition period to ensure a smooth handover of clients.
Ref: MC4764
GRF £260,000
No. of Partners Sole Practitioner
Location The Wirral
Status available
Description

This practice, which was established in 2015, is available for sale due to the impending retirement of the practitioner.

  • Turnover: c£260,000 (Profit c£100,000)
  • Fees: Average fee - £800, Largest fee £54,800
  • Fees Include: 28 non audit limited companies - £23,000, 20 partnerships & sole traders - £16,000, 210 tax cases - £59,000, trust & charity client - £159,000 (N.B. (the vendor is happy either to retain this block of fee income or indeed to remain in the practice long enough to ensure both a gentle learning curve and smooth handover to the acquirer)), wills £3,000
  • Staff: 1 full-time, 3 part-time
  • Premises: Leased
  • Software: Keytime
  • Consultancy: The owner will be available to assist in the transition period to ensure a smooth handover of clients.

Ref: MC908
GRF £400,000
No. of Partners 2 Partner Practice
Location North West Wales
Status available
Description

This practice, which was established in the 1980s, is available for sale due to the impending retirement of the practitioners. This is a "Welsh speaking" practice, practices with some Welsh language speakers are preferred.

Turnover: c£400,000 (excluding non-recurring work) (Profit c.£300,000)

Fees: Average fee - £440, Largest fee - £5,500

  • Fees include: 5 audit ltd companies £22,400, 105 non audit limited companies - £111,200, 785 partnerships & sole traders - £258,700, other- £14,700
  • Staff: 5 full-time, 2 part-time
  • Software: Sage, PTP
  • Premises: Leased
  • Consultancy: The practitioners are wanting to retire out of the practice but are more than happy to provide handover support.
Ref: MC1149
GRF £600,000
No. of Partners 2 Partner Practice
Location West Yorks
Status available
Description

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

Turnover: c£600,000 (Profit c. £250,000, before CT, owner salary and dividends)

  • Fees: Average fee - £1,500, Largest fee - £6,950
  • Fees include: 5 audit limited companies - £30,000, 135 non audit limited companies - £450,000, 35 partnerships & sole traders - £70,000, 175 tax cases - £30,000, investigations - £20,000
  • Staff: 7 full-time
  • Software: IRIS, Receipt Bank, Sage, Xero
  • Premises: Owned by the company pension fund
  • Consultancy: The owner will be available to assist in the transition period to ensure a smooth handover of clients. The vendor would ideally like a share sale.

Ref: MC4490
GRF £340,000
No. of Partners Sole Practitioner
Location Humberside
Status pending
Description This practice, which was established in 2003, is available for sale due to the impending retirement of the practitioner.
  • Turnover: c£340,000
  • Fees: Average fee - £1,750 Largest fee - £50,000 (including 240 non audit limited companies - £200,000, 120 partnerships & sole traders - £50,000, 1 tax case - £1,000, 200 payroll & VAT - £84,000, other - £5,000)
  • Software: IRIS
  • Staff: 5 full-time
  • Premises: Owned
  • Consultancy: The practitioner will be available to assist in the transition period to ensure a smooth handover of clients.