Sold
£1,000,000
South West Based Practice Managing £190m FUM, £1m in Turnover and c.500 Households
Ref: 30809
Current Turnover
£1,000,000
Offers Over
£3,400,000
Established
30 to 35 years
Gross Recurring Revenue
0.5-1m
Number of Staff
5 to 10
Location
South West
Current turn over circa: £1,000,000
Offers over: £3,400,000
Established: 30 to 35 years
Gross Recurring Revenue: 0.5-1m
Number of staff: 5 to 10
Locations: Devon / Cornwall
Additional Notes:
- Full Succession plan within the business so little to no recruitment needed when the Principals retire.
- Very clean limited company as no high risk products have been advised to clients within the business.
- The current operating Margin is close to a 50% once factoring in adjustments post acquisition.
For more information please call 01765 698 699 and quote the reference number 30809 ask for Edward Thorpe
