Current Sales


SALES LISTING - PAGE 3
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Ref: LN6415
GRF £570,000
No. of Partners 2-Partner Practice
Location Middlesex
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£570,000 (Profit c£220,000)

  • Fees: Average fee - £1,400, Largest fee - £20,000
  • Fees Include: 1 audit limited companies - £12,000, 150 non audit limited companies - £375,000, 139 partnerships & sole traders - £126,600, 108 tax cases - £49,600, 3 other - £8,000
  • Staff: 5 full-time, 3 part-time, 1 subcontractor
  • Premises: Leased until Q4 2022 (£24k p.a., 1,245 sq ft)
  • Software: CCH, PTP, Sage
  • Consultancy: The partners will be available to assist in the transition period to ensure a smooth handover of clients.
Ref: LN12338
GRF £470,000
No. of Partners Sole Practitioner
Location South Cambridge
Status available
Description

This practice, which was established over 15 years ago, is available for sale due to the impending retirement of the practitioner.

  • Turnover: c£470,000
  • Fees: Average fee - £430, Largest fee - £15,000
  • Fees include: 280 limited companies non audit - £180,000, 250 partnerships/sole traders - £150,000, 400 tax cases - £80,000, 120 payroll - £50,000
  • Staff: 5 full-time, 1 part-time
  • Software: Sage, Xero, Quickbooks, Excel, Absolute Tax, VT
  • Premises: Owned
  • Consultancy:The owner will be available to assist in the transition period to ensure a smooth handover of clients.

Ref: LN7564
GRF £975,000
No. of Partners 2 Partner Practice
Location North London
Status available
Description

This practice, which was established in the 1970s, is available for part sale/part merger. 1 partner wants to sell and work his way into retirement, the other partner wants to merge.

Turnover: c£975,000

Fees: Average fee - £2,500, Largest fee - £40,000

  • Fees include: 3 audit limited companies - £65,000, 265 non audit limited companies - £399,000, 840 partnerships/sole traders/tax cases - £491,000
  • Staff: 7 full-time, 1 part-time, 1 subcontractor
  • Software: IRIS for audit, accounts and tax, Sage for book-keeping
  • Premises: Leased
  • Consultancy: This would ideally suit a sole practitioner/two-partner practice that wish to move into the vendors premises, buy-out the older partner whilst merging with the younger.
Ref: LN12631
GRF £257,000
No. of Partners Sole Practitioner
Location M11 Corridor
Status available
Description

This practice, which was established in the 1980s, is available for sale due to the impending retirement of the practitioner.

  • Turnover: c£257,000 (current profit c£87,000)
  • Fees: Average fee - £1,250, Largest fee - £8,000
  • Fees include: 70 limited companies non audit - £182,000, 90 partnerships/sole traders - £50,000, 40 tax cases - £10,000
  • Staff: 2 full-time, 1 part-time, 1 subcontractor
  • Software: Sage, Iris, Moneysoft
  • Premises: Owned
  • Consultancy:The owner will be available to assist in the transition period to ensure a smooth handover of clients.
Ref: LN9282
GRF £830,000
No. of Partners Multi-Partner Practice
Location North London
Status available
Description

This practice, which was established over 100 years, is available for sale due to the impending retirement of the partners who are keen to strike a reasonably quick deal.

Turnover: c£830,000 (GRF c.£740,000, profit c.£290,000)

  • Fees: Average fee - £2,480 Largest fee - £23,550
  • Fees Include: 15 audit limited companies - £154,750, 107 non audit limited companies - £310,500, 34 partnerships & sole traders - £116,000, 178 tax cases - £134,000, 5 solicitors SRA audit - £23,000, other - £80,000
  • Staff: 6 full-time, 3 part-time
  • Software: IRIS for audit, accounts, tax and payroll
  • Premises: Leased until early 2020
  • Consultancy: Partners will be available post completion, for as long as required, to ensure a smooth handover of clients.

Ref: LN10550
GRF £145,000
No. of Partners Solo Practitioner
Location Hertfordshire
Status available
Description

This practice, which was established in 2002, is available for sale due to the impending retirement of the practitioner.

  • Turnover: c£145,000 (Profit c£45,900)
  • Fees: Average fee - £1,380, Largest fee - £15,000
  • Fees Include: 41 non audit limited companies - £105,900, 54 partnerships & sole traders - £41,500, payroll - £2,250
  • Staff: 5 part-time, 2 subcontractors
  • Premises: Leased (1 month break clause, £13,000 p.a.)
  • Software: Digita, Quickbooks, QBA, Xero, Sage 50
  • Consultancy: The practitioner will be available to assist in the transition period to ensure a smooth handover of clients.