A well respected and complete business model providing private and corporate clients throughout Hampshire, the South Coast and adjoining Counties with a bespoke fee paying service.
Annual turnover of c£650k and recurring revenues from Protection of £50k, Financial Services (pre & post RDR) £330k and Employee Benefits £140k.
Growing client base from active marketing, local market presence and professional connections.
Robust systems, processes and controls.
Planned retirement of the Principal / founding Director within the short-term plus some corporate re-engineering brings the business to a natural crossroad.
A buyer with local servicing capabilities and synergistic business model is sought to acquire at market rate.
Existing advisory and technical staff are available for ongoing employment, subject to contract.
Existing offices available for sub-lease
Normal market valuation metrics are expected to be achieved for the business as a share purchase with consideration passing from acquirer to vendor over an 18/24 month period.
A Q2/Q3 2019 completion is sought.