Sold
£250,000
Retirement and handover of £50 mill FUM
Ref: 30163
Current Turnover
£250,000
Offers Over
£625,000
Established
15 to 20 years
Gross Recurring Revenue
150-200k
Number of Staff
1 to 3
Location
West Midlands
Current turn over circa: £ 250,000
Offers over: £ 625,000
Established: 15 to 20 years
Gross Recurring Revenue: 150-200k
Number of staff: 1 to 3
Locations: Staffordshire
Additional Notes: - Low average client charge of 0.4% or less.
- Over approximately 350 - 400 clients.
- No staff or premise to transfer.
- Looking for a local buyer who will look after the clients, uplifting the service charge to 0.5% but no higher and keeping as much continuity as possible.
-The acquirer should be able to service the clients in a face to face model and be comfortable buying the shares of the business to ensure entrepreneurs relief.
For more information please call 01765 698 699 and quote the reference number 30163 ask for Oliver Macer
