Any small practice for sale in Birmingham area?

Are you or do you know a retiring accountant

Didn't find your answer?

I am a qualified accountant looking for acquiring a small practice to be able of working from home.

The ideal size will be £40-50K annual turnover.

Please  PM me if you got one or have contact

Many thanks

 

 

Replies (13)

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By SouthCoastAcc
08th Oct 2019 14:41

Have a look through the usual websites, there are the odd small fees.

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Replying to SouthCoastAcc:
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By Fei
08th Oct 2019 15:06

which specific website you refer to?

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paddle steamer
By DJKL
08th Oct 2019 14:46

Most of the ones I know are outgoing and gregarious.

(Away to get my coat)

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Replying to DJKL:
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By Fei
08th Oct 2019 15:16

Appreciate your valid point. Peronality is the key to sucess in any kind of business.

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By SWAccountant
08th Oct 2019 16:36

I'm not actually sure you do get his point.

(It was a joke)

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Replying to SWAccountant:
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By DJKL
08th Oct 2019 16:44

I will confess not a very good one.

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By Fei
09th Oct 2019 16:04

any more comments?

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By JCresswellTax
09th Oct 2019 16:33

Very small outfit always for sale here: https://bit.ly/2j9xXO3.

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Replying to JCresswellTax:
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By DJKL
11th Oct 2019 19:49

Have you perhaps "got McGinn, Super John McGinn, I just don't think you understand?"

He is, I believe, a very nice chap, my daughter and her other half bumped into him at the Sunderland Checkatrade final at Wembley earlier in the year. (Her other half is with Hibernian so knew him)

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Replying to DJKL:
By JCresswellTax
14th Oct 2019 10:23

Yes, you got that right! What a player the lad is. Don't think he will be with us for much longer though :(

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Replying to JCresswellTax:
paddle steamer
By DJKL
14th Oct 2019 16:53

Wife and kids are Hibs season ticket holders and daughter's boyfriend is in the Hibs media team, so even not being a Hibs supporter myself ( I was when younger more drawn to the Edinburgh Dark Side) I saw him in a few games for them before his move south; he is a class act, I worried his pace might be an issue in England but seems to be coping fine.

First time I saw him was in a match warm up, balls pinging across the pitch, he trapped virtually all of them stone dead.

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By Clinton Lee
11th Oct 2019 18:08

I maintain a list of the top platforms where businesses are advertised for sale:
http://ukbusinessbrokers.com/where-to-list-businesses-for-sale/

There are several business brokers who specialise in the sale of accountancy practices but, TBH, they are unlikely to have very small (£50K) opportunities on their books so it may not be worth approaching them.

Deal sourcing is a skill in itself and there are buy-side brokers like Chelsea Corporate who'll charge a monthly retainer to generate leads (potential acquisitions). I wouldn't recommend them for a deal this small, it's too expensive.

Your best best is to use the above platforms.

You could also approach firms directly - buy a list and start posting some letters.

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Red Leader
By Red Leader
12th Oct 2019 09:12

I disagree about the small fee size being a barrier. The usual accountancy brokers will be able to help the OP, Draper Hinks, Vivian Sram, etc.

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