Current turn over circa: £850,000

Offers over: £3,200,000

Established: 30 to 35 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 5 to 10

Locations: North East

Additional Notes: North East Retiring IFA Managing £155m FUM Generating £850,000 of Recurring Income from 250 Households

- Very clean limited company and thus the vendors preference for a deal structure is a share purchase.

- Adjusted, maintainable profit on the business is c.£650- 700,000 (only one registered induvial within the Practice).

- The average investment per household is close to £600,000 with very few clients under £100,000 and thus the vast majority of clients are profitable to service.

For more information please call 01765 698 699 and quote the reference number 30794 ask for Byron Snaith

IFA similar to this