The Principals of this Chartered practice now seek an outright disposal as they work towards their retirement. Audit registered and well-established, the practice has a reputation for offering a quality service to the predominantly local client base which is very stable. The 210 clients together generate fees of c.£150,000 which includes fees of c.£15,000 generated by special work and 123 tax only clients.
There are no staff attached to the practice which is well-situated with a number of public transportation options close by. Retention of the premises (which can accommodate up to four people in total) could be advantageous to the new owner although the Vendors are completely flexible in this respect. If required, the premises are available either for purchase or for rent. The practice itself could be relocated within a radius of approximately 15 miles in any direction.
In addition to compliance services the practice offers book-keeping and looks after around 35 payrolls each month. It has a good payment culture and uses Iris for accounts production and Sage for payroll.