Extraordinarily Profitable Croydon Based IFA Practice, Housing HNW families (C.£600k per household) and £26m Funds Under Management

Current turn over circa: £ 250,000

Offers over: £ 780,000

Established: 15 to 20 years

Gross Recurring Revenue: 200-300k

Number of staff: 1 to 3

Locations: Croydon

Additional Notes:
Extraordinarily Profitable IFA Practice, Housing HNW families (C.£600k per household) and £26m Funds Under Management

Rare opportunity to acquire a fantastically profitable Practice established over a decade ago with zero complaints made since inception. The high level of profitability can be partly accredited to a very high level (over 80%) of clients in the Surrey, Guildford and South London area. This model is highly portable and any acquirer will be able to service the clients efficiently, eliminating the need for traveling thus saving both time and money.

The acquisition of the practice would be structured as an asset and goodwill sale, with no liability assumed by the acquiring party and no FCA change in control required.

The principle has a strong preference for partial share remuneration for the Practice with a vested interested in the acquiring party moving forward.

For more information please call 01765 698 699 and quote the reference number 30174 ask for Toby Holbrey