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Scottish Practice

MC4763

GRF: £ 887,000

Number of Partners: Multi-Partner Practice

Location: Scotland

Status:   available

This practice, which was established over 40 years, is available for sale due to the impending retirement of the partners.
Turnover: c£887,000, Profit c£279,000
Fees: Average – £1,680, Largest – £18,000
Fees Include: non audit limited companies – £525,000, partnerships & sole traders – £271,000, tax cases – £18,900, other – £55,000
Staff: 2 full-time, 10 part-time
Software: Xero, TaxCalc, Sage, Dext, BrightPay
Premises: Owned
Consultancy: The partners would be available to assist in the transition period to ensure a smooth handover of clients.

Because of the unique nature of how this practice is organised it is possible to split the firm into two separate acquisitions should that suit the buyer.
It could be that c.£600k is purchased immediately with perhaps the remainder following in a few years time.


 

Scottish Practice

MC4763

GRF: £ 887,000

Number of Partners: Multi-Partner Practice

Location: Scotland

Status:   available

This practice, which was established over 40 years, is available for sale due to the impending retirement of the partners.
Turnover: c£887,000, Profit c£279,000
Fees: Average – £1,680, Largest – £18,000
Fees Include: non audit limited companies – £525,000, partnerships & sole traders – £271,000, tax cases – £18,900, other – £55,000
Staff: 2 full-time, 10 part-time
Software: Xero, TaxCalc, Sage, Dext, BrightPay
Premises: Owned
Consultancy: The partners would be available to assist in the transition period to ensure a smooth handover of clients.

Because of the unique nature of how this practice is organised it is possible to split the firm into two separate acquisitions should that suit the buyer.
It could be that c.£600k is purchased immediately with perhaps the remainder following in a few years time.


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