Sold
£530,000
Retiring IFA Managing £500,000 of Recurring Income across 100 Households
Ref: 30869
Current Turnover
£530,000
Offers Over
£1,900,000
Established
25 to 30 years
Gross Recurring Revenue
300-500k
Number of Staff
1 to 3
Location
London and South East
Current turn over circa: £530,000
Offers over: £1,900,000
Established: 25 to 30 years
Gross Recurring Revenue: 300-500k
Number of staff: 1 to 3
Locations: Kent
Additional Notes:
- The vast majority of clients are accumulating and in their earnings peak, thus the business will naturally grow 3-5% per annum
- Very limited liability within the firm with virtually zero risky products that have been advised
- Due to the low cost base, the maintainable EBITDA will be likely be c.£350,000
For more information please call 01765 698 699 and quote the reference number 30869 ask for Edward Thorpe
