Retirement and handover of £50 mill FUM

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 Edward Thorpe