Established over a 35 year period with dedicated specialism towards a sector specific group of HNW professionals.
With c£35m from 150 cases generating £142k of recurring income this business follows a 0.5% charging model.
Clean trading history. Consistently profitable. Fully FCA compliant.
Strong relationships harbouring huge latent potential given the professional status and client earnings.
Average case size £250k with potential for up-scaling.
With advancing years and lifestyle ambitions for a retirement and relocation the founding principal of this business now seeks a business sale at market rate.
Imperative is an acquirer can demonstrate servicing capabilities within an exacting client portfolio – a niche of HNW professionals located predominately within the Midlands and South West England / m4 corridor.
Reasonably this business should command a premium valuation which the vendor expects with consideration passing in 3 instalments over an 18/24 month period.
Wishing to ensure an elegant and seamless client hand-over / transition the vendor is happy to remain in an ambassadorial capacity post completion.
To minimise taxation implications this most likely will be a share sale. However an asset sale will be considered if the headline consideration can be re-calibrated to compensate for the tax payable shortfall.
It is hoped a completion can be achieved during Q1 / Q2 2020.