Fantastic Chelmsford Practice Established over Two Decades with £200,000 in Recurring income, £25m FUM and c.70% of funds in Pensions.

Current turn over circa: £ 230,000

Offers over: £ 650,000

Established: 20-2 years

Gross Recurring Revenue: 150-200k

Number of staff: 0-1

Locations: Chelmsford

Additional Notes:
Fantastic Chelmsford Practice Established over Two Decades with £200,000 in Recurring income, £25m FUM and c.70% of funds in Pensions.

Rare opportunity to acquire a fantastically profitable practice established over two decades ago with a very clean history of operation. The high level of profitability can be partly accredited to a very high level (over 80%) of clients traveling to the office for annual reviews. 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.

There is also large opportunity within the 2000 inactive clients the Practice holds. For a business which has just a small amount of spare staff capacity, at least 30 of the clients could be converted to active clients, creating an additional £30,000 in Recurring almost immediately from just this channel alone.

For more information please call 01765 698 699 and quote the reference number 30078 ask for Toby Holbrey