Home / IFA Firms For Sale / London and South East / IFA Practice with Very Local Client Bank, c.£90m Funds Under Management and an Average Ongoing Charge of c.0.6%
Sold
£600,000

IFA Practice with Very Local Client Bank, c.£90m Funds Under Management and an Average Ongoing Charge of c.0.6%

Ref: 30257
Current Turnover
£600,000
Offers Over
£1,700,000
Established
15 to 20 years
Gross Recurring Revenue
300-500k
Number of Staff
3 to 5
Location
London and South East

Current turn over circa: £600,000

Offers over: £1,700,000

Established: 15 to 20 years

Gross Recurring Revenue: 300-500k

Number of staff: 3 to 5

Locations: Slough

Additional Notes:
The firm's client base is extremely local with over 80% of clients within 40 miles. The business is thus highly portable and any acquirer will be able to service the clients efficiently, eliminating the need for excessive traveling and heightening cash flow generation of the acquisition. The high level of profitability can be partly accredited to a very high level (over 90%) of clients being within a close radius of the office. 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.

For more information please call 01765 698 699 and quote the reference number 30257 ask for Toby Holbrey

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Toby Holbrey
Quote reference: Show me more sellers like this Ref: 30257
London and South East

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