Current Sales


SALES LISTING - PAGE 14

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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: 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: 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: MC2707
GRF £1,200,000
No. of Partners Multi-Partner Practice
Location Merseyside
Status available
Description

This practice, which was established in the 1970s, is available for sale due to the impending retirement of the partners.

Turnover: c£1.2m

  • Fees: Average fee - £1,740 Largest fee - £25,000
  • Fees Include: 10 audit limited companies - £127,685, 400 non audit limited companies - £800,000, 32 partnerships & sole traders - £68,787, payroll 105,528, other - £98,000
  • Staff: 18 full-time, 2 part-time
  • Software: Sage for accounts production, corp tax and compliance
  • Premises: Owned
  • Consultancy: The partners are very flexible, and will, where possible, fit themselves around the needs of the acquirer in the best interests of the deal

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.