Growing IFA based in Midlands looking for an acquisition with £1,000,000 cash available for the upfront payment and offering the principal the ability to stay on for a number of years
Ref: 179707
Up front budget: £1,000,000
Current turn over circa: £3,000,000
Cash offer: 1000000
Established since: 1980
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.
For more information please call 01765 698 699 and quote the reference number 179707 ask for Oliver Macer
