Experienced, Local Acquirer looking to take on a Practice of up to £25m FUM Offering up to 4x Recurring Revenue with 60% Upfront.

Up front budget: £ 250,000

Current turn over circa: £ 250,000

Cash offer: 4x Recurring Revenue

Established since: 2013

Locations: Kent

Additional Notes:
Experienced, Local Acquirer looking to take on a Practice of up to £25m FUM Offering up to 4x Recurring Revenue with 60% Upfront.

The practice is offering a minimal change proposition (including fee structure and platform) other than development of the business model or the staff for any business taken on board. The continuity within the acquisition strategy alongside the strong cash flow generation means any instalment payments the years post acquisition have almost zero risk attached.

The business has an in house investment Adviser and had previously taken on Adviser's from apprenticeship level and trained up to Diploma status. The ethics and care with the staff are directly translated to the level and quality of client service available. This unity and stability within the team and the strong cash position of the business means any instalment payments in the two years post acquisition have zero risk attached from a security standpoint.

A premium offer will be available to practises offering:
. £5-25m FUM
. Located in the Kent, Hastings, Tunbridge Wells, Hastings and the Surrounding Area

For more information please call 01765 698 699 and quote the reference number 176844