A “one man band” advisory business operating within an affluent part of the UK servicing a modest client database comprising c53 active clients with an average case size of £380k.
With recurring income of c£150k the business is well run from a home office operating in a traditional style.
As with many small firms there is an ever increasing legislative and bureaucratic pressure – remaining compliant and commercially viable is proving difficult.
Rather than allow any dilution in the client experience the Director seeks a buyer of scale, proven resources and common purpose providing a buy-out mechanism over the next 3-5 year period. This will dovetail neatly with the vendors personal retirement / industry exit ambitions.
Market rate valuations are expected at a 3 – 3.5 times multiple of recurring income.
Ongoing employment as an AR with usual industry standard commercial termsExpress Interest