Call for Assistance: 02033 259 341
Spondoo Accounting
Call for Assistance: 02033 259 341
Spondoo Accounting

Selling Your Accountancy Practice Made Easy!

January 6, 2024

If you’re considering retirement or transitioning to a new business endeavor, we would be delighted to speak to you.

Spondoo Accountants is a small accountancy practice that has been operating for around a decade with offices in Surrey and Bolton. Led by our Managing Partner, Arnold Ayton, based out of our HQ in Haslemere, Surrey, we’ve built a strong footing in the field.

We are actively seeking opportunities to acquire smaller accountancy practices across the United Kingdom to expand our geographic presence and assimilate talented staff, bringing forth new expertise and experience to enrich our collective knowledge.

Curious about the value of your accounting practice upon sale?

When you engage directly with us, you bypass third-party broker fees, ensuring that you receive the full value (100%) of the sales proceeds.

Drawing from our extensive experience, we’ve observed that accounting firms are typically valued through a ratio applied to their gross fees, typically falling between 0.8 to 1.4 of the gross fees.

To offer you a reasonably good idea of what your practice might be worth, we require the following metrics from your practice:

  • Number of Clients
  • Annual Turnover
  • Net Profit before owners’ salary/drawings
  • Owner’s time investment in the business

By providing these essential metrics, we can offer you a reasonably accurate insight into the potential selling price of your accountancy practice.

If you’re contemplating the sale of your accountancy practice and wish to explore this opportunity further, please don’t hesitate to contact us. Reach out to us via phone at 02033 259 341 or WhatsApp at +44 7395 534661.

We’re eager to begin this conversation and navigate the possibilities together.

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Information provided on the site is merely guidance that may change in line with UK law and regulations. Users must not consider this to be financial advice or their sole resource when making any financial decision. Spondoo is a trading name for Accounting SQL Limited, authorised & license accounting firm under the Institute of Financial Accountants.
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