One of the biggest questions you’ll have if you’re looking to buy an accountancy practice is: how much will it cost? The bulk of the outlay will, of course, be the price negotiated for the practice itself. But what about the brokers who facilitate the sale? In this article, we take a look at some of the business brokers specialising in accountancy practices to see what their fees are like.
Ten Percent Financial offers an accountancy practice sale service. One of the key questions we get asked by potential sellers is about the value of their practice. We know accountants are used to valuing other businesses, but it can be hard to do the same objectively for yourself.
Company based in Gibraltar looking to purchase an IFA practice in and around London. Ideally aiming at a smaller based practice. They have cash plus commission to offer. To give you an idea on the cash side they are seeking to pay around the £100k mark. If you would like to explore this further, please…
We have a firm in Cambridgeshire looking to purchase accountancy practices. Cash purchase likely to be between £50-100k up front. Procedure is as follows: 1. You register an interest and sign a confidentiality undertaking. The purchaser does the same. 2. On receipt of the undertaking, we release contact information to each party. 3. You negotiate…
We have a firm in West Yorkshire looking to purchase other IFA practices. The practice is medium sized and seek to buy smaller IFA firms. The firm have acquired one practice already and seek to buy more. Initial lump sum on offer, followed by further payments. Procedure is as follows: 1. You register an interest…