Current turn over circa: £ 300,000

Offers over: £ 860,000

Established: 10-1 years

Gross Recurring Revenue: 200-300k

Number of staff: 1-3

Locations: Inverness

Additional Notes:
Exceptional Directly Authorised Practice with an average client portfolio of £450,000, £35m FUM and Turnover of over £300,000

Rare opportunity to acquire a fantastically profitable Practice established over a decade ago with zero complaints made since inception. The high level of profitability can be partly accredited to a very high level (over 80%) of clients traveling to the office for annual reviews. This model is highly portable and any acquirer will be able to service the clients efficiently, eliminating the need for traveling thus saving both time and money.

The Practice offers three distinct levels of service, the third being a Premier offering servicing larger clients, including almost 10 clients with a portfolio size of above £1,000,0000. Housing largely high net-worth clients, the opportunity ensures every single client is profitable and high margin, representing an acquisition that will be immediately accretive to the bottom line of any buyer with a very attractive payback period.

There is also large opportunity within the 200 inactive clients the Practice holds. For a business which has just a small amount of spare staff capacity, at least 30 of the clients could be converted to active clients, creating an additional £30,000 in Recurring almost immediately from just this channel alone.

For more information please call 01765 698 699 and quote the reference number 30043 ask for Byron Snaith

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