Growing IFA based in Leicester looking for an acquisition with £1,000,000 cash available.

Up front budget: £1,000,000

Current turn over circa: £2,500,000

Cash offer: 1,000,000

Established since: 1990

Locations: Leicestershire

Locations: Leicester

Additional Notes: Unique opportunity for a retiring IFA to secure a market leading multiple with the option to stay on to ensure maximum client retention with minimal change to proposition.

Purchaser is willing to pay up to 4x recurring revenue over a 2 year period and offering 75% of the total sale price in the first year.

Offering the principal the ability to stay on for a number of years to ensure clients get a warm introduction.

For more information please call 01765 698 699 and quote the reference number 179757