Up front budget: £600,000

Current turn over circa: £2,000,000

Cash offer: Up to 3.8x Recurring

Established since: 1992

Locations: Essex

Additional Notes:
Experienced, Essex Based Purchaser With an Impressive Track Record on Previous Acquisitions and Notable Specialisms in All Aspects of Financial Advice

. This buyer has had fantastic success with over 5 previous acquisitions experiencing, on average, 96% retention as a result of a smooth and gradual handover from the Retiring Principle(s) (handovers have lasted between 1-5 years).

. A large part of the success from acquisitions an be attributed to taking on board key staff members from purchased business (who were familiar with the clients) and aiding them in growing and develop internally.

. Retention of clients in the most recent acquisition was over 99% and the principles received a considerable amount over the amount outline at the start of the process (more details on request). This experienced regional acquirer has demonstrable success with countless previous acquisitions and is the ideal, trusted home for someone looking to depart with their life's work.

. The advisers have specialisms in all areas including Equity release, specialist financing, Mortgages, Pension draw Down and so on. Clients tend not to look elsewhere for any other services and thus retention of clients over the past two decades has been incredibly high.

A Premium Offer Will be Available to the Following Practices:

. Located in the and the Chelmsford, Bishop Stortford, Stevenage, Biggleswade, Cambridge and the Surrounding Areas
. Practices from £10m-50m Funds under Management
. The firm is able to accommodate Principles who wish to remain as well as existing advisers

For more information please call 01765 698 699 and quote the reference number 177654