Current turn over circa: £100,000

Offers over: £330,000

Established: 20 to 25 years

Gross Recurring Revenue: 70-100k

Number of staff: 0

Locations: Brighton

Additional Notes:

Asset Purchase of c.£11m FUM generating £100,000 Annually in Recurring Income with no Staff, Overheads or Liability to be Taken On By The Purchaser

The firm's client bank is extremely local with 80% of clients in a 20 miles radius. The business is thus highly portable and any acquirer will be able to service the clients efficiently, eliminating the need for excessive traveling and heightening cash flow generation of the acquisition.

The acquisition of this two Principle led Practice would be structured as an asset and goodwill sale, with no liability assumed by the acquiring party and no FCA change in control required.

For more information please call 01765 698 699 and quote the reference number 30337

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