Micro Client Bank Sale of c.60 Client across £3.5m of Funds Under Management

Current turn over circa: £250,000

Offers over: £750,000

Established: 15 to 20 years

Gross Recurring Revenue: 150-200k

Number of staff: 1 to 3

Locations: Gloucestershire

Additional Notes:
South Wales Based IFA Managing £40m FUM, Several Million Pound Clients and An Ongoing Adviser Charge of 0.5%

The firm's client bank is extremely local with over 95% of clients within 1 hours drive. 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 business has done virtually zero risky products and thus there is very limited liability within business.

For more information please call 01765 698 699 and quote the reference number 30403

IFA similar to this