Up front budget: £ 6,000,000
Current turn over circa: £ 10,000,000
Cash offer: Up to 7x Adjusted EBITDA
Established since: 2010
Locations: Guildford
Additional Notes:
Highly Unique Opportunity to capitalise on the Practice Value, remain in the business on a salaried role (if desired) while receiving up to 7x Adjusted EBITDA (profit before tax) for the business.
The proposition on offer is an expansion rather than an integration with the view of running an advisory business in a very similar manor post acquisition with the aim of continual expansion. An acquisition will keep the premise, staff and brand with no change to the investment strategy. This absolute continuity in the business will guarantee close to 100% retention looking forward as virtually no change to the client experience is made.
My client is encouraging any retiring principles to remain in the business for 3-8 years to ensure the maximisation of value as well as complete succession planning on a very generous salary (more details on request). Capital will be provided for further acquisitions and while the principles receive an immediate sum for the business on acquisition. During this time, the differed payments are geared 1:1 on revenue so principles will directly benefit in the future growth of the business via increased cash payments on top of salary.
A premium offer will be available to Practices offering:
. Located in the and the Guildford, Crawley, Redhill, Bordon, Farnborough, Petersfield, Haywards Heath and the surrounding area
. Practises from £40m-700m Funds under Management
. Principles (some) who wish to remain in the business are preferred
For more information please call 01765 698 699 and quote the reference number 177201