Up front budget: £400,000
Current turn over circa: £500,000
Cash offer: Over 4x Recurring (See below)
Established since: 1998
Locations: Greater London
Additional Notes:
Regional Family Practice With a Demonstrable Track Record of Success in Multiple Acquisitions and the Principle happy to Pay Over 4x Recurring Revenue for the Right Practice (See below for details)
This Practice currently services the entire spectrum of clients (ranging from £50,000 to over £2m in portfolios) and has the infrastructure to provide face-face service across the whole of the south east. Clients taken on through an acquisition would be cared for personally by a highly experienced and qualified partner of the firm.
The Practice has taken in two firms previously, on both occasions only loosing one client in each. As a result of the high retention figures, the Principles received 100% of the differed element that was originally promised. With regards to a transition period, the Practice has accommodated periods running anywhere from 1-4 years and can be very flexible based upon both your preference and circumstance. The Practice has both the Cash and bank financing secured to repeat the success of the previous acquisitions in the first or second half of 2020.
Offers over 4x Recurring Revenue Will be Available to firms featuring the following: