Up front budget: £1,200,000
Current turn over circa: £2,000,000
Cash offer: Up to 3.85x Recurring Income
Established since: 25
Locations: Greater London
Additional Notes:
East London IFA Purchaser Who Is Encouraging The Owners to Stay 2-3 Years in the Practice and Will Keep the Brand for a Similar Period
- Average client portfolio amount is not important in the Practice and to a certain extent neither is the typical age profile of the client.
- The business is encouraging Principals to continue and work in the Practice receiving a large percentage of the turnover for managing client relationships (details on request).
- The payments will be structure over a 12-24 months period following completion.
A Premium offer will be available to Practices of the following profile:
. Practice between £10m-£120m Funds under Management
. Share Purchase Option
. Located in the London and Greater London area
. Businesses with existing DFM relationships is preferred
For more information please call 01765 698 699 and quote the reference number 178842