Sole Practitioner - Available
Location:
Worcestershire
Turnover:
£231k
Reference:
AC6141
Status:
Available
Profit:
£TBC
Fees:
Fee Analysis
Limited Companies
• Fees generated: £145,613
Sole Traders
• Fees generated: £44,173
Partnerships
• Fees generated: £11,725
Personal Tax
• Fees generated: £28,671
Trusts and Charities
• Fees generated: £700
Total Fee Income
• £230,882
Staff:
The practice has an experienced team in place.
Further details will be available to registered buyers.
Premises:
• Annual premises cost: £6,300
• Ten-year lease entered into in 2024
• Five-year break clause
Consultancy:
The seller is open-minded regarding the structure of any transaction.
Potential options include an outright sale, ongoing consultancy involvement or a potential merger. The seller is willing to continue working with the practice if this forms part of the right solution.
Equally, the seller would be prepared to leave following an appropriate transition if that suited the purchaser.
There is no immediate pressure or fixed deadline to complete a transaction. The seller’s priority is to identify the best overall solution for the clients, team and seller.
Preservation of the practice’s client relationships, team and legacy is particularly important.
Notes:
Key highlights at a glance
• Long-established Worcestershire accountancy practice
• Established in 1987
• Current fee income of £230,882
• Average client fee of approximately £950
• Largest client fee of approximately £5,000
• Strong recent organic growth
• Scope for further fee increases and additional services
• Experienced team in place
• Seller open to an outright sale, consultancy involvement or potential merger
• Seller’s priority is the right outcome for clients, team and practice legacy
