Sold
£200,000
Cambridge Retiring IFA Generating c £140,000 from 110 households
Ref: 30908
Current Turnover
£200,000
Offers Over
£532,000
Established
10 to 15 years
Gross Recurring Revenue
100-150k
Location
London and South East
Current turn over circa: £200,000
Offers over: £532,000
Established: 10 to 15 years
Gross Recurring Revenue: 100-150k
Number of staff: 0
Locations: Cambridgeshire
Locations: Cambridge
Additional Notes: Retiring IFA Managing c £20m FUM Which Generates c £140,000 from 110 Households.
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.
Average portfolios between £150k and £200k ongoing fees of 0.6%.
For more information please call 01765 698 699 and quote the reference number 30908 ask for Oliver Macer
