Business for Sale in Nr NEWPORT, Gwent - ACCOUNTANCY PRACTICE/FRANCHISE FOR SALE, SOUTH WALES - Business: £49,000 (Offers in the region of)

Key Information

Service Businesses: Accountancy Practices
Wales: Gwent
Annual Sales
£70,000 Ex Vat
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Established ACCOUNTANCY PRACTICE FRANCHISE, based in South East Wales, serving a client base predominantly within 15 mile radius.

Good quality client list, in excess of 100, comprising of a wide variety and size of business up to the £500,000 turnover level, providing full bookkeeping, Vat, payroll and accounts service.

A very easily run business (just the owner with help of his wife as and when required) enjoying good fee income, currently held at income levels purely to suit our owners' lifestyle/requirements, thereby offering very strong future growth potential. Fee Income enjoyed sits regularly around £70,000 levels p.a., (£4k per month recurring plus extras) thereby proving very profitable and only coming to market for sale due to a retirement wish.

Comprehensive handover help/training is being offered both locally and via franchisor support, and the option to rent existing owners' office facilities is open to separate negotiation (ongoing or ad hoc).

Felt ideal for perhaps a professional from industry with some accounting background/experience looking for a change of direction or of course for a trained accountant looking for their own business.

Note: The business is a franchise sale and is being offered for sale by our vendor at below usual standard accountancy market valuation criteria to encourage a quick sale to enable a well earned retirement.

Business Price: Just £49,000

Franchise Handover fee: Just £5,000 +vat (Half of which is advised as invested back into new franchisees marketing budget!)

Ref: M33817J

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