Current Sales


SALES LISTING - PAGE 15

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Ref: MC5221
GRF £800,000
No. of Partners Multi-Partner Practice
Location West Yorkshire
Status underoffer
Description

This practice, which was established over 50 years, is available for sale/merger, due to the impending retirement of the partners.

Turnover: c£800,000 (Profit c£400,000)

  • Fees: Average fee - £2,000, Largest fee - £30,000
  • Fees Include: 1 audit limited companies - £30,000, 90 non audit limited companies - £420,000, 55 partnerships & sole traders - £70,000, 254 tax cases - £195,000, financial services - £75,000
  • Staff: 6 full-time, 3 part-time
  • Premises: Leased (6 months notice, £24k p.a., 2,500 sq ft)
  • Software: CCH, PCAS, Sage, Xero
  • Consultancy: One of the 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: MC4983
GRF £451,000
No. of Partners Sole Practitioner
Location Central Yorkshire
Status pending
Description

This practice, which was established about 10 years ago, is available for sale due to the impending retirement of the practitioner.

  • Turnover: c£451,000
  • Fees: Average fee - £1,500, Largest fee £18,000
  • Fees Include: 1 audit limited companies - £17,000, 190 non audit limited companies - £300,000, 82 partnerships & sole traders - £40,000, 370 tax cases - £60,000, SAR/charity trust - £25,000, other - £28,000
  • Staff: 5 full-time, 5 part-time, 4 subcontractors
  • Premises: Lease ends in 2021
  • Software: Digita
  • Consultancy: The practitioner will be available to assist in the transition period to ensure a smooth handover of clients.

Ref: MC558A
GRF £360,000
No. of Partners Sole Practitioner
Location South Yorkshire
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£360,000 - £390,000
  • Fees: Average fee - £1,100, Largest fee - £24,000
  • Fees include: 1 audit limited company - £10,000, 210 limited companies non audit - £285,000, 132 partnerships/sole traders - £76,250, 10 tax cases - £1,800, payroll & clubs - £16,000
  • Staff: 2 full-time, 4 part-time, 1 subcontract
  • Software: Iris, TaxCalc, Moneysoft
  • Premises: Leased (1 - 3 month break clause)
  • Consultancy:The owner will be available to assist in the transition period to ensure a smooth handover of clients.
Ref: MC4254
GRF £639,000
No. of Partners Sole Practitioner
Location North Yorkshire
Status available
Description

This practice, which was established in the 1990s, is available for sale immediately.

  • Turnover: c£639,000
  • Fees: Average fee - £1,400, Largest fee - £10,000
  • Fees include: limited companies non audit - £311,000, partnerships/sole traders - £297,000
  • Staff: 4 full-time, 1 part-time, 4 consultants
  • Software: Digita
  • Premises: Owned
  • Additional Info: This practice has a lucrative and scalable niche (and could be instantly portable to your office) totalling about £340,000. The vendor is regarded as an expert in this niche and would be very pleased to work with the acquirer for a number of years in order to help transfer both the skill-set and nationwide networking contacts. In short, this could be a platform from which to develop a nationwide growth opportunity without the need for other offices.

Ref: MC3227
GRF £267,000
No. of Partners Sole Practitioner
Location Tyneside
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£267,000

  • Fees: Average - £1,000 Largest fee - £12,500
  • Fees Include: 2 audit limited companies - £18,315, 88 non audit limited companies - £101,600, 33 partnerships & sole traders - £267,485, 305 tax cases - £48,190, 27 payroll/bookkeeping - £72,540
  • Staff: 2 full-time, 3 part-time
  • Software: Sage
  • Premises: Leased (lease ends June 2021, £16k p.a., 2,400 sq ft)
  • Consultancy: The practitioner will be available to assist in the transition period to ensure a smooth handover of clients.

Ref: MC4523
GRF £160,000
No. of Partners Sole Practitioner
Location South Yorkshire
Status pending
Description

This practice, which was established in the early 2000s, is available for sale due to the impending retirement of the partners.

Turnover: c£160,000 (Profit c£60,000)

  • Fees: Average - £620 Largest fee - £3,000
  • Fees Include: 140 non audit limited companies - £105,000, 117 partnerships & sole traders - £55,000, 140 tax returns linked to limited companies, partnerships and sole traders
  • Staff: 2 subcontract
  • Software: Sage, Quickbooks, VT, Taxcalc, Moneysoft Payroll
  • Premises: Leased (1 yrs break clause, £6k p.a., 2,250 sq ft)
  • Consultancy: The partners will be available to assist in the transition period to ensure a smooth handover of clients.