Sold
£120,000
East London Retiring IFA Generating c £120,000 from 95 households
Ref: 30858
Current Turnover
£120,000
Offers Over
£460,000
Established
15 to 20 years
Gross Recurring Revenue
100-150k
Location
London and South East
Current turn over circa: £120,000
Offers over: £460,000
Established: 15 to 20 years
Gross Recurring Revenue: 100-150k
Number of staff: 0
Locations: Greater London
Locations: London
Additional Notes: Retiring IFA Managing c £12m FUM Which Generates c £120,000 from 95 Households.
Very clean DA business as no high risk products have been advised to client within the business.
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 £130k ongoing fees of 1% typically.
For more information please call 01765 698 699 and quote the reference number 30858 ask for Toby Holbrey
