Sold
£650,000
Buckinghamshire Retiring IFA Generating c £250,000 from 53 Households
Ref: 30914
Current Turnover
£650,000
Offers Over
£925,000
Established
20 to 25 years
Gross Recurring Revenue
200-300k
Location
London and South East
Current turn over circa: £650,000
Offers over: £925,000
Established: 20 to 25 years
Gross Recurring Revenue: 200-300k
Number of staff: 0
Locations: Buckinghamshire
Locations: Buckingham
Additional Notes: The average investment per household is over £450,000 and thus the vast majority of clients are profitable to service.
The principal is happy to engage in a 12-24 month handover to ensure all clients are novated and given a warm introduction to the new firm.
Portable practice without staff or offices would stay with the business; no cost would be taken on by the buyer leading to very high post acquisition operating margin.
For more information please call 01765 698 699 and quote the reference number 30914 ask for Toby Holbrey
