North East Retiring IFA Managing £155m FUM Generating £850,000 of Recurring Income from 250 Households

Current turn over circa: £850,000

Offers over: £3,200,000

Established: 30 to 35 years

Gross Recurring Revenue: 0.5-1m

Number of staff: 5 to 10

Locations: North East

Additional Notes: North East Retiring IFA Managing £155m FUM Generating £850,000 of Recurring Income from 250 Households

- Very clean limited company and thus the vendors preference for a deal structure is a share purchase.

- Adjusted, maintainable profit on the business is c.£650- 700,000 (only one registered induvial within the Practice).

- The average investment per household is close to £600,000 with very few clients under £100,000 and thus the vast majority of clients are profitable to service.

For more information please call 01765 698 699 and quote the reference number 30794 ask for Byron Snaith