Opportunity to Buy a Fantastic Bedfordshire Based Client Bank of c.70 Active Renewal Clients Assuming no Liability with an Ongoing Advisory Charge of 0.6%.

Current turn over circa: £ 100,000

Offers over: £ 340,000

Established: 25-3 years

Gross Recurring Revenue: 70-100k

Number of staff: 1-3

Locations: Bedfordshire

Additional Notes:
Opportunity to Buy a Fantastic Bedfordshire based client Bank of c.70 Active Renewal clients assuming no liability with an Ongoing Advisory Charge of 0.6%.

Housing largely higher-net-worth clients (average size £300k), the opportunity ensures every single client is profitable and high margin, representing an acquisition that will be immediately accretive to the bottom line of any buyer with a very attractive payback period. The ongoing adviser charge of 0.6% represents huge potential for fee uplift and value accretion.

The firm's client bank is extremely local with 80% of clients in a 20 miles radius. 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.

For more information please call 01765 698 699 and quote the reference number 30091 ask for Edward Thorpe