Current Sales


SALES LISTING - PAGE 3
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Ref: LN6393
GRF £500,000
No. of Partners Sole Practitioner
Location Essex
Status available
Description

The vendor of this practice, which was established over 50 years ago, islooking to parachute himself into a practice based in Essex.

  • Turnover: c£504,000 (Profit c£280,000)
  • Fees: Average - £1,200, largest - £8,000
  • Fees Include: 200 non audit limited companies - £333,000, 250 partnerships & sole traders & tax cases - £100,000, 120 payroll / bookkeeping - £73,000
  • Staff: 1 full-time, 2 part-time, 2 subcontract
  • Software: IRIS, Sage

Ref: LN13025
GRF £120,000
No. of Partners 2-Partner Practice
Location South Essex
Status underoffer
Description

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

Turnover: c£120,000 (Profit c£78,000)

  • Fees: Average - £590 Largest fee - £4,800
  • Fees Include: 63 non audit limited companies - £70,000, 62 partnerships & sole traders - £33,000, 69 tax cases - £16,000
  • Staff: no staff
  • Software: BTC, Sage
  • Premises: 5 yr lease (3 yr break clause, £10k p.a., 400 sq ft)
  • Consultancy: The partners will be available to assist in the transition period to ensure a smooth handover of clients.
Ref: LN12306
GRF £350,000
No. of Partners Sole Practitioner
Location Middlesex
Status inmeetings
Description

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

Turnover: c£350,000 (Profit c£104,000)

  • Fees: Average - £1,200 Largest fee - £8,800
  • Fees Include: audit limited companies - £5,500, 110 non audit limited companies - £181,000, 100 partnerships & sole traders - £74,000, 125 other - £97,000
  • Staff: 2 full-time, 3 subcontract
  • Software: IRIS, CCH
  • Premises: Leased (renewal in Q3 2021, £12.6k p.a., 538 sq ft)
  • Consultancy: The practitioner will be available to assist in the transition period to ensure a smooth handover of clients.

Ref: LN13021
GRF £400,000
No. of Partners Multi-Partner Practice
Location Central Norfolk
Status available
Description

This practice, which was established over 10 years ago, is available for immediate sale.

Turnover: c£380,000 (Profit c£120,000)

Fees: Average fee - £660, Largest fee - £5,000

  • Fees include: 250 non audit limited companies - £250,000, 20 partnerships & sole traders - £10,000, 300 tax cases - £60,000, 30 other - £30,000
  • Staff: 7 full-time
  • Software: QBO,Freeagent, Xero, TaxCalc, Accountancy Manager
  • Premises: Leased (3 months notice, £12k p.a.)
  • Consultancy: Partners will be available post completion, for as long as required, to ensure a smooth handover of clients.
Ref: LN11004
GRF £430,000
No. of Partners Sole Practitioner
Location Essex
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£430,000 (Profit c£140,000)

  • Fees: Average - £1,000 Largest fee - £60,000
  • Fees Include: 148 non audit limited companies - £135,000, 110 partnerships & sole traders - £100,000, 194 tax cases - £98,000, 13 trusts,charities,payroll - £90,000
  • Staff: 4 full-time, 1 part-time
  • Software: Sage, Keytime
  • Premises: Leased (lease ends 2024, £19.5k p.a., 1,350 sq ft)
  • Consultancy: The practitioner will be available to assist in the transition period to ensure a smooth handover of clients.

Ref: LN7240
GRF £660,000
No. of Partners Multi-Partner Practice
Location North West London
Status available
Description

This profitable practice, which was established over 60 years, is available for deferred sale, due to the impending retirement of some of the partners.

Turnover: c£600,000 to £650,000, GRF c£540,000 (Profit c£250,000 - £300,000)

  • Fees: Average fee - £2,000, Largest fee - £56,000
  • Fees Include: 2 audit limited companies - £13,000, 107 non audit limited companies - £360,000, 110 partnerships & sole traders - £122,900, 97 tax cases - £122,900, 4 charities - £1,000
  • Staff: 5 full-time, 3 part-time
  • Premises: Leased (6 months notice, £61k p.a., 2,000 sq ft)
  • Software: CCH
  • Consultancy: A number of Partners would like to retire soon after completion, while 2 Partners would prefer to stay as non-shareholding Directors or salaried Partners for the foreseeable future (hence a Deferred Sale).