Home / Buyers / South West / Cash rich buyer offering over £1m up front in Surrey, paying 4x recurring income.

Cash rich buyer offering over £1m up front in Surrey, paying 4x recurring income.

Ref: 179912

Up front budget: £1,200,000

Current turn over circa: £1,000,000

Cash offer: Up to 4x Recurring Income

Established since: 2016

Locations: Surrey

Locations: Guildford

Additional Notes: This buyer is offering 4x recurring revenue with 50% of the total consideration being paid upfront, 75% within 12 months and 100% within 24 months.

Will maintain investment proposition for up to 2 years.

With an expanding, ambitious business with 5 fully qualified chartered advisors, you can be assured that your clients will be very well looked after by the Director and his support team.

Handover period of up to 2 years welcome as well as the flexibility of employment of further staff in the business.

They would be able to pay a premium of over 4x recurring revenue for average portfolios of above £200k and average ages in the early 50s.

For more information please call 01765 698 699 and quote the reference number 179912 ask for Toby Holbrey

South West

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Toby Holbrey
Quote reference: Buyer Ref: 179912