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Established Accountancy Practice with 600+ Clients Available in South West London

Undisclosed, London
Well established accountancy practice for sale in South West London Photo 1
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Well established accountancy practice for sale in South West London
  • Status

    FOR SALE

  • Date Submitted:

    14/05/24

  • Advert ID

    611293

  • Reference

    Resale - South West London / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £476,000
  • Turnover: £343,000 (£6,596 Per week)
  • Net Profit: On request

Key Features

  • Prime Location
  • Established Business
  • Retirement Sale
  • Accounts Available

Business Details

Well established accountancy practice for sale in South West London

Franchise Resale Information

This franchise is operated from a highly visible shopfront location, services around 600 clients and enjoys gross recurring fees of circa £340k. The owner is now looking to retire.

Location

With a well-known shop, complete with furniture, IT and telephone systems, any purchaser would be walking into a ready-made business. This represents an excellent foundation upon which a new franchisee can further develop an already substantial business in the area.

Growth

The business has enjoyed year-on-year growth with the majority of new clients coming from recommendations, walk-in business and inbound leads received from the digital marketing strategies and campaigns driven by the TaxAssist Support Centre in Norwich.

Opportunities for growth and further increasing profitability include:

  • Adding additional profitable service lines
  • Attracting more local clients with the proven TaxAssist Accountants brand
  • Expanding into another shopfront location within the territory
  • Increase local marketing activity and build staff

 

TaxAssist Accountants vs Independent 

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

  • Evolving mix of additional service lines including TaxAssist Financial Services 
  • Driving profitability by leveraging the latest tech to empower your team and your clients 
  • A proven lead generation service and global brand to support growth 
  • Helpline for you and your staff linking with our UK Support Centre 
  • Conference and regional meetings with like-minded local TaxAssist Accountants business owners 
  • Assistance preparing for future exit/sale 

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

Who is this franchise resale opportunity for?

The business is offered as a successful going concern within the TaxAssist network and the purchaser will become part of that network of accountancy practices. 

Perfect for the financially astute from practice or industry, or someone with a corporate or consulting background, this is an opportunity to secure an established TaxAssist Accountants business and join our growing, successful network.

Read more

Contact Agent

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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.

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

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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.

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

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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.

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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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 'Well established accountancy practice for sale in South West London - Resale - South West London / 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.