Experienced, Local Acquirer with almost £0.5bn in Funds Under Management, c.£2m in cash for Acquisitions and Offering up to 4.5x Recurring Revenue with 50% up front for the Right Business.

Up front budget: £ 1,250,000

Current turn over circa: £ 3,000,000

Cash offer: 4.5x Recurring Revenue

Established since: 1970

Locations: Oxfordshire

Additional Notes:
Experienced, Local Acquirer with almost £0.5bn in Funds Under Management, c.£2m in cash for Acquisitions and Offering up to 4.5x Recurring Revenue with 50% up front for the Right Business.

This buyer has had fantastic success with over 5 previous acquisitions experiencing, on average, 95% retention in conjunction with zero losses of clients from the large pool currently served. Retention in the most recent acquisition was over 99% and instalments were paid off early within a 12 month period. This experienced regional acquirer has demonstrable success with countless previous acquisitions and is the ideal, trusted home for someone looking to depart with their life's work.

The Advisers are supported by an exceptional 4:1 ratio of highly qualified Paraplanners/Administrators to each Advisor, enabling a pure advisory focused model. The business is excellently positioned to accommodate up to four new members of staff and will provide training and qualifications to any junior members of the team who are working towards the Diploma/Charted as it has done previously for six advisers. The ethics 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 Practices offering
. Up to £120m Funds under Management
. Based in West London, Slough, Reading, Oxford, Coventry and the Surrounding Area
. Majority of clients paying annual ongoing fees above £1,000

For more information please call 01765 698 699 and quote the reference number 176775