Sold
£150,000
Asset and Goodwill Purchase of c.£30m FUM, an Average Client Size of c.£250,000 with an Average Ongoing Charge of 0.5%
Ref: 30457
Current Turnover
£150,000
Offers Over
£510,000
Established
20 to 25 years
Gross Recurring Revenue
100-150k
Number of Staff
1 to 3
Location
London and South East
Current turn over circa: £150,000
Offers over: £510,000
Established: 20 to 25 years
Gross Recurring Revenue: 100-150k
Number of staff: 1 to 3
Additional Notes:
Asset and Goodwill Purchase of c.£30m FUM, an Average Client Size of c.£250,000 with an Average Ongoing Charge of 0.5%
- Ideal handover for the Retiring Principal is 3-9 months to allow the clients a warm introduction to the new business
- The acquisition of the business will be structured as an asset and goodwill sale, with no liability assumed by the acquiring party
- Location: Slough/Uxbridge/Watford
For more information please call 01765 698 699 and quote the reference number 30457 ask for Toby Holbrey
