AP3328 – Colin Meager & Co. Ltd. of Birmingham sold to Dains

1. G.R.F. for sale currently at £395k with strong organic growth
2. A well-established, efficient & profitable general practice which has built a reputation for offering a quality service by offering more than a compliance-based service
3. There exists a range of potential opportunities for an incoming owner to develop
4. There is scope to build on an already international dimension to the practice
5. Fully digitised
6. A comprehensive handover will be given with the intention of a sale being agreed by Spring, 2021.

Principal & staff:

1. Although the sale is for retirement reasons this is not representative of the staff or client base
2. The staff have developed excellent client relationships
3. Staff deliver an efficient and friendly service
4. The staff are an asset to the business.

Clients:

1. All clients are good quality & come through trusted referrals only
2. 250 clients in total excluding tax only
3. A good mix of clients at both ends of the spectrum
4. The client base is spread predominantly across the West Midlands
5. The practice could be moved within Greater Birmingham without loss of staff or clients
6. Clients generate £10-12,000 in monthly payments.

Software:

Many components of the Iris suite plus Xero, Sage & Quickbooks.

Premises:

1. Attractive & well-appointed premises with parking  in a sought-after area are available on a lease
2. If not required the practice could be moved elsewhere.

This opportunity is suitable for:

1. A first-time buyer seeking an acquisition
2. A firm wishing to expand their fee base within the West Midlands area.

Ref. AP3328W