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Established Taxassist Accountants Practice In East Midlands For Sale

UK
Asking Price:
£300,000
Turnover:
£200K - £500K
Net Profit:
Available on request

This practice is operated from a highly visible shopfront location, services around 556 clients and enjoys gross recurring fees of circa £260K. The owner is now looking to retire.

Location - With a well-known shop, complete with furniture, IT and telephone systems, any purchaser would be walking into a ready-made business. This represents an excellent opportunity to further develop an already substantial business in the area.

Growth - The business has enjoyed year-on-year growth with the majority of new clients coming from recommendations, walk-in business and inbound leads received from the digital marketing strategies and campaigns driven by the TaxAssist Support Centre in Norwich.

Opportunities for growth and further increasing profitability include:

• Adding additional profitable service lines
• Attracting more local clients with the proven TaxAssist Accountants brand
• Expanding into another shopfront location within the territory
• Increase local marketing activity

TaxAssist Accountants vs Independent

Buying an established business with the TaxAssist Accountants brand provides you with many benefits over an independent:

• Evolving mix of additional service lines including TaxAssist Financial Services
• Driving profitability by leveraging the latest tech to empower your team and your clients
• A proven lead generation service and global brand to support growth
• Helpline for you and your staff linking with our UK Support Centre
• Conference and regional meetings with like-minded local TaxAssist Accountants business owners
• Assistance preparing for future exit/sale

Plus, the opportunity to invest and own shares in the fast-growing TaxAssist Accountants brand (unique 60% franchisee owned network).

Who is this opportunity for?

The business is offered as a successful going concern within the TaxAssist network and the purchaser will become part of that network of accountancy practices.

Perfect for the financially astute from practice or industry, or someone with a corporate or consulting background, this is an opportunity to secure an established TaxAssist Accountants business and join our growing, successful network.

Property Information

Location:

This practice is operated from a highly visible shopfront location.

Business Operation

Expansion Potential:

With a well-known shop, complete with furniture, IT and telephone systems, any purchaser would be walking into a ready-made business. This represents an excellent opportunity to further develop an already substantial business in the area.

Alongside core tax, accounting and advisory services, TaxAssist Accountants can offer multiple additional service lines (TaxAssist Financial Services, TaxAssist Tax Consulting, TaxAssist Payroll Services). These can be introduced to clients and then referred to the dedicated teams of specialists at our Support Centre to undertake the service delivery – helping you create multiple revenue streams for your business.

Reasons for selling:

Retirement

Years established:
12

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

As a TaxAssist Accountant you are in business for yourself, but not by yourself.

The goal is for you to work on the business rather than in it. That way, you’re growing an asset as well as your income.

You’ll spend your time growing your business attracting new clients and leading your team of loyal staff. We’ll guide you every step of the way to maximise both your income and asset value, all you need to do is follow the proven model – just like hundreds of people have before you.

Full initial and ongoing training is provided by the TaxAssist Training Academy. The initial training course lasts for seven weeks and is included in the joining package as are four follow-up training courses that take place once you have been trading for three, six, twelve and twenty-four months.

Ongoing training covering a wide range of technical, management and bespoke courses are available to TaxAssist Accountants and their staff throughout the year and may be delivered either face to face, regionally or online.