Accountancy And Book Keeping Services With Established Cilent Base | | Undisclosed Buckinghamshire | | BUCKINGHAMSHIRE ACCOUNTANCY AND BOOKEEPING SERVICES WITH ESTABLISHED CLIENT BASE located in town ctr- can be relocated Est 14 yrs - 100 active SME clients with high repeat rates A/T: £65,000 ADJ NP: £50,000 Superb Scope & excellent quality of life L/H: £99,950 +SAV REF: 1176MK | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 68011
ADVERT IMPRESSIONS : 14,358 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Accountancy Practices | | SALE: | Agent Sale | LEASEHOLD: | £99950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
• Trading from town centre offices with extremely favourable rental figure
• Busy area with many small businesses
• Affluent population demographic and excellent quality of life within Buckinghamshire
• Ideal location and within easy reach of central London
HISTORY
• Established by vendor in 1997 following a career with larger accountancy practices
• Client base developed carefully with emphasis on value and service
• Town centre offices maintained primarily for storage of records and paperwork
REASON FOR SALE
• Vendor is seeking to re-locate within the UK for personal reasons
SERVICES
• Preparation of annual accounts
• Book keeping services
• Payroll administration
• Tax returns
• Preparation of VAT returns
• Financial administration
• Advice and guidance of general financial matters
• Local Sage Specialist
CUSTOMERS
• Approximately 90 to 100 active clients on the database
• Range from small one man operations through to SMEs
• Mainly located within Buckinghamshire
STAFF
• Vendor (full time)
• 1 part time administrator (27 hours per week)
• Vendor would be happy to assist with a handover and potentially work with a buyer for up to 4 years
OFFICE HOURS
• Monday to Friday 9.30am to 4.30pm
FINANCIALS
Turnover
2011 £65,100
2010 £65,540
2009 £65,985
2008 £57,775
• Staff Costs £14,115 pa
• Adjusted net profit £39,538 (2011) for working owner running business from home (£35,855 2010)
• Higher adjusted net profit for owner undertaking own administration
PREMISES
• First floor office with two desks
• Storage
• Shared kitchen
• Shared WC
STRENGTHS
• Established client base carefully selected over the last 14 years
• High degree of loyalty with high repeat rate and low turnover
• Highly consistent trading performance giving reliability and stability to a new owner
• Respected presence within the local market place
SCOPE
• Revision of pricing structure upwards
• Significant cost savings for buyer running the business from home, especially if administrative support is available from family members
• Introduction of website
• Business development activity limited at present
• Introduction of additional services such as financial planning or insurance work
TENURE
• Office informally rented at £6,000 per annum inclusive of rent, rates, heat and light
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967). | | | | | | FOR SALE | | | | | REFERENCE: | 1176MK / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
