Long established and modestly scaled advisory business available for acquisition – £20m FUM & Recurring Income of c£100k – Buckinghamshire & Oxfordshire – Ref 224
January 26, 2020
retiring ifa for sale in wales
Modestly scaled Sole Trader IFA seeking retirement – £31.5m FUM – Recurring income of £140k – South Wales – Ref 220
November 5, 2019

Long established advisory business – Norfolk & surrounding area – c£50m FUM – Retirement sale due to ill health – Ref 221

ifa for sale in east anglia

Background

 

Established in 2004 this 2 Director advisory business now services c230 clients within the Norfolk and surrounding areas.

The aggregate client holding is c£260k and the business is healthily generating c£210k of recurring income from investment, pension, mortgage and protection business.

A part of a major network with a clean compliance and trading track record all client records are maintained using industry leading software.

 

 

Requirement

 

A natural crossroad has been reached with the majority shareholder facing health challenges and the other wishing to pursue commercial interests away from the financial services sector.

With a positive spirit the Directors have decided in their own personal interest and to ensure their clients welfare a buyer should be found for this business

 

 

Consideration

 

A market rate valuation at 3-3.5 times recurring income is reasonably sought for a clean and vanilla / no-risk client portfolio.

Offers in the region of £630-750k are expected as a share sale with consideration passing from acquirer to vendor over an 18-24 month period in 3 instalments (50:25:25)

 

Express Interest

Interested and would like to learn more?
Call us on 0333 555 6000 or contact us here.




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