Profitable Swansea Based Practice Housing £20m FUM of Young, Higher-net-Worth, Professional Clients looking to Join Forces with a Regional Firm

Current turn over circa: £250,000

Offers over: £640,000

Established: 25 to 30 years

Gross Recurring Revenue: 150-200k

Number of staff: 1 to 3

Locations: Swansea

Additional Notes:
Profitable Swansea Based Practice Housing £20m FUM of Young, Higher-net-Worth, Professional Clients looking to Join Forces with a Regional Firm

The typical age of the Business Owner Client is c.45-55 with the vast majority of clients still in accumulation. The client bank is accumulating c.£1-2m FUM year as a result of the younger demographic and represents a book with many decades of Cash Flow remaining.

The principle has a strong preference to remain in the business and continue to grow the practice; historically c.5-7 new clients brought to the business every year. The acquisition of the business would be structured as an asset and goodwill sale, with no liability assumed by the acquiring party.

For more information please call 01765 698 699 and quote the reference number 30335

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