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Profitable TaxAssist Practice in South West, Excellent Shop Front Location, Multi-Service Accountancy

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    25/10/21

  • Advert ID

    284912

  • Reference

    Resale - South West (1) / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £312,000
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Accounts Available
  • Established Business

Business Details

Profitable TaxAssist practice for sale in the South West (1)

Confidential sale of a profitable multi-service TaxAssist accountancy and advisory practice in an excellent shop front location in a popular area of South-West England.

Perfect for the financially astute from practice, industry, corporate or a consulting background, this profitable local business provides financial guidance and support to business owners, freelancers and their families.

-          Serving 401 local clients

-          Gross annual recurring fees of c.£255k

-          Owner/director role for buyer

-          A practice ready for further growth and expansion

From our decades of experience successful TaxAssist franchisee business owners come from a wide range of backgrounds sharing the desire to build an asset, enjoy a flexible lifestyle from their own business.

TAXASSIST VS INDEPENDENT

Buying an established business with the TaxAssist brand provides you with many benefits over an independent:

-          Evolving mix of services keeping you and your team at the cutting edge

-          Driving profitability by leveraging the latest tech to empower your team and your clients

-          A proven marketing machine to enable organic business development

-          Guidance acquiring local fee banks to enable rapid growth

-          24/7 helpline for you and your staff linking with our UK support office

-          Annual conferences and regional meetings with like-minded local TaxAssist business owners

-          Assistance preparing for future exit/sale

the opportunity to invest and own shares in the fast-growing TaxAssist brand
  (unique 60% franchisee owned network)

MORE ABOUT THE BUSINESS FOR SALE:

This established TaxAssist business was setup by the current owner in 2000. Reason for sale: retirement – providing the purchaser a fantastic opportunity to add significant value to their investment. Opportunities for growth and further increasing profitability include:

-          Add additional profitable services to offer clients and their families

-          Attract more local clients with the proven TaxAssist marketing machine

-          Seek local fee banks to acquire for rapid growth steps

-          Explore our proven outsourcing options to increase profitability

-          Expand into another shop front location/buy another TaxAssist practice

NEXT STEPS:

Enquire now to find out more information.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Profitable TaxAssist practice for sale in the South West (1) - Resale - South West (1) / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.