Fantastically Profitable (Profit margin over 60%) and Highly Unique Practice with an going Adviser charge of 0.45%, managing c.£100m FUM, £320,000 in Recurring Revenue

Current turn over circa: £ 750,000

Offers over: £ 0

Established: 15-2 years

Gross Recurring Revenue: 300-500k

Number of staff: 3-5

Locations: Highlands

Additional Notes: Fantastically Profitable (Profit margin over 60%) and Highly Unique Practice with an going Adviser charge of 0.45%, managing c.£100m FUM, £320,000 in Recurring Revenue

Rare opportunity to acquire a Practice with an exceptional amount of potential within the client bank. The business has over 3400 clients (only 17% currently active) with 400-500 being very warm to the Practice but paying no adviser fee. 1-2 years post acquisition, this business has the potential to double its bottom line and add c.£900,000 in profit to your business through conversion of passive clients to active clients alone. Equal untapped potential lies within ongoing fee uplift, which will see very high retention in clients has the they have been prepped for an increase in the near future.

Established almost 20 years and Located in Inverness Region, the Practice offers three distinct levels of service. The third being a more Ad-Hoc service to larger clients, of which the largest has a portfolio size of £1.5m.
Looking forward, there are four Administrators and one Advisor who are flexible to stay in the business on a more permanent basis, ensuring near 100% retention and continuity post aquisition.

For more information please call 01765 698 699 and quote the reference number 14557

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