For Sale – Accountancy Practice in Cardiff – Ref 100377
in Articles by Jonathan Fagan

For Sale – Accountancy Practice in Cardiff – Ref 100377

Cardiff accountancy practice for sale – established for over 90 years, GRF c£230k which includes 230 return form clients, 37 trading companies and 41 payrolls. Clients sourced from existing client recommendations. Small, loyal team of staff for TUPE – administration, accounts clerks and payroll. To make an enquiry please click here .

Christmas Opening Hours

Jonathan Fagan Business Brokers  and Ten Percent Financial Recruitment are closed from Friday 20th December at 5pm through to 9am on Monday 6th January. We are still handling email enquiries and new seller listings during this time.

The Irish Community Centre – £1000 Donation from Jonathan Fagan Business Brokers

Every year, Jonathan Fagan Business Brokers donate 10% of net profits to charity via the Ten Percent Foundation. This year our donations included £1000 to the Irish Community Centre in Bexleyheath. We sent our graduate trainee, Mehak Gupta, along to meet the director and some of the people.

During a recent visit to the Irish Community Centre in Bexleyheath, I had the pleasure of meeting Shauna Mulligan, the Director, who told me about the centre’s important work in supporting the community. The centre has been around for over 40 years. It mainly serves the Irish community, but it’s open to everyone.

What stood out to me right away was the friendly, welcoming vibe throughout the building.

“We’re here for everyone, but especially for our Irish community members,” Shauna explained. “The latest census shows that Irish people are the oldest minority group in the UK, and those over 70 are more likely to be living alone. That’s why what we do is so important.”

The centre’s highlight is Aggie’s Cafe, a warm and cozy spot that’s now open every Wednesday and Saturday from 10:30 am to 4:30 pm. It’s not just for a cup of tea; it’s a place where people make friends, share stories, and feel less lonely. The new Saturday hours were made possible by funding from the London Borough of Bexley, through the government’s Household Support Fund.

But the cafe is just the start. The centre also runs regular lunch clubs, an annual Christmas party, and a Wednesday advice drop-in service. These activities, along with the new Saturday openings, are all supported by the Bexley Winter Campaign for Older People, in partnership with Irish Community Services.

As we walked through the centre, I had the chance to talk to both regulars and newcomers. Their stories were all quite similar – they spoke about finding connection, purpose, and happiness in this place. “This is my outlet,” one older man shared. “I don’t know what I’d do without it.” Even though the centre has a big impact, it still faces challenges. Rising costs make it tough to keep services free. Shauna and her team work hard to continue to secure grants and donations to cover the costs and ensure services remain free.

Recently, our foundation, The Ten Percent Foundation, gave a boost with a £1,000 donation. The funds were used to purchase refurbished IT equipment. The centre offers IT training sessions to help seniors build confidence with technology, enabling them to stay connected with loved ones, access vital information, and participate in community activities that increasingly depend on digital platforms.

“We’re always looking for volunteers,” Shauna said. She emphasized how important they are to the centre. “Having regular, dependable help is key to keeping our services running.” This is a recurring theme across a lot of the charities we support around the UK – keeping volunteering levels up to sustain a charity can be harder than attracting funding.

As our visit came to a close, it was clear how much this small building means to so many. In a time when loneliness and isolation are all too common, especially among older people, the Irish Community Centre offers hope and connection.

Sell Your Accountancy Practice – No Sellers Fees

Some of our competitors charge their buyer clients fees ranging from £40k to £120k plus VAT for a successful purchase of accountancy practices with turnover of less than £2 million, and base this fee on the percentage of turnover of the acquired business. We charge fixed fees agreed at the outset. All our fees fall within the range of £7k and £25k plus VAT. Don’t get ripped off – sell through us – no hidden terms, lots of interested buyers and professional advice at all times.

We have over 300 accountants and investors looking to buy accountancy practices across the UK of all shapes and sizes, low & high turnover, retiring accountants, accountants looking to sell a share of their business and accountancy practices looking for external investors. Buyers want entire practices or simply blocks of fees. Our usual agreed sale time is 3 weeks.

Is it really that simple? No of course not. We have invested heavily in attracting good quality buyers & investors and creating systems that support buyers & sellers throughout the process. We do not tie sellers in and there are no hidden contractual clauses demanding payments from you. Our USP? Honesty, transparency and professionalism. Get in touch today to discuss your business in complete confidence.

Cost Effective & Efficient Due Diligence – guide for SME Accountancy Firms 

How to Avoid Getting Ripped Off By Business Brokers – Click Here 

Time To Sell? Let Jonathan Fagan Help You Get the Best Price for Your Business

It’s that time of year again as Christmas approaches, work starts to pick up and everyone wants their accounts completing by yesterday! Time to sell? We are here to help. As an accountant, you probably don’t need anyone to tell you what your business is worth, and neither do you need anyone to tell you how to sell your business. But do you want to get the best price? Jonathan Fagan Business Brokers specialise in two types of business – accountancy practices and law firms. Nothing else. We can help you get your accountancy practice in front of 1000s of potential buyers, whether accountants, investors or other professionals, and we can do this quickly and at no cost to you. The more interest you get, the higher the price. Let us help you market your business and get the highest price. We charge no seller fees, we do not tie you in and our contracts contain no hidden clauses. We act impartially whenever we can and we are not in the business of selling snake oil! Interested in hearing more? Visit our website  today.

Sell Your Accountancy Practice – no fees, no contract

325+ buyers looking to purchase accountancy firms of all ranges and types from £0-£5 million across the UK. Sell your firm or client list at the best price using our services – completely free to sell using our Bronze Service (*buyers pay our fees). The average accountancy practice receives at least three offers at market rates within two weeks of listing for sale. Listed elsewhere? No problem – we do not tie sellers in.

Visit our website  for details. 

“Yes, officially completed now. The real work has started! Thank you again for your assistance in facilitating the purchase and look forward to hopefully doing more business with you in the near future.” Accountancy Practice Buyer, May 2024.

Thinking about selling? Get in touch for a confidential chat – 0800 246 5001 or visit www.jonathanfagan.co.uk

Selection of current buyers registered with us:

  • Accountant looking to purchase a practice up to £250k in value – Kent and surrounding areas ideal.
  • North London accountancy and tax firm looking to acquire a local firm with fees up to c£370k. Will also consider a reverse buy-out.
  • Kent based accountant looking to purchase a firm up to £300k. ACCA qualified.
  • Accountant looking for firms to buy in East and North London.
  • Bookkeeping company with £500k turnover looking for acquisitions to expand.
  • Accountancy practice with offices in North Wales and Camarthenshire. Looking to acquire new Welsh accountancy firms.
  • Accountancy firm looking to acquire accountancy firms – 9 in total – £100-£500k per practice, Ireland, Channel Islands, Isle of Man plus anywhere in the UK.
  • Firm expanding – £3 million turnover.
  • Australian firm looking to invest into the UK and acquire accountancy practices.
  • ACA Accountant looking to establish a partnership with a former colleague and able to spend c£800k to £1.5 million on GRF.
  • India based. Looking to acquire UK accountancy practice
  • ACCA looking to merge local South Wales firms with their practice. £1 million turnover firm in Cardiff.
  • FCCA looking to purchase a Kent firm.
  • FCCA looking to buy a Greater London firm.
  • Industry accountants looking to purchase their own firm.
  • Accountant looking to purchase firms in the Dorset area. Poole ideally. £70k-£200k available.
  • Accountancy firm looking to acquire a small accounting practice with a good block of recurring fees, ideally with at least 50% limited company clients. £100-250k range.
  • Accountants looking to purchase payroll fees – spending up to £50k. Any location.
  • New Zealand based accountancy business interested in buying blocks of fees in the UK. 100% online so geographic location is not relevant. ideally looking for blocks with a high proportion of Xero clients
  • Accountant looking to set up own practice in South Wales and wanting to acquire client lists.
  • Accountant looking to purchase client blocks of up to £500k in value.
  • Accountancy firm looking to buy small accountancy practices in the North West – payroll only clients and businesses looked at.

List your firm or fee block for sale – click here

Thinking of Selling Your Firm or Fee Block?

Now is an extremely good time to consider the sale of your firm. We get at least 15 enquiries per accountancy, tax & audit practice listing and as a guide it is rare for a firm turning over less than £750k to remain for sale longer than four weeks. We offer three levels of service  (Bronze, Gold and Platinum). You can list your firm for sale or fee blocks and we assist with valuations, exit strategies, future proof planning, negotiations, due diligence, heads of terms & BPA/SPA drafting. We will usually have an extensive list of interested buyers for you to consider within 48 hours (we have a database of over 300 accountancy firms and accountants looking to purchase). We do not charge sale fees and neither do we tie you in to using us. Our company has over 20 years’ experience in buying/selling/merging law firms and accountancy practices. We also provide retirement advice and valuation services.

Updated List of Firms For Sale – Click Here

Kind regards

Jonathan Fagan, Director

T: 01824 780937 | E: jbfagan@tenpercentgroup.com

About Ten Percent and Jonathan Fagan

  • Over 15,000 solicitors & accountants registered with us for locum & permanent work.
  • Established in April 2000.
  • Offices in London, Coventry, Brighton, Bristol, Mold and Glasgow.
  • 10% of our annual profits have been donated to charity since 2000.
  • 50+ law & accountancy firms available for acquisition.

We are a specialist legal & financial recruiter, covering the whole of the UK. We also assist with recruitment advice and assistance, regularly advising partners and practice managers on suitable salary and package levels. We provide law & accountancy firm valuations and business sale services to solicitors via our business broker website, www.jonathanfagan.co.uk.

The Ten-Percent Group of websites gives 10% of annual profits to charity (hence our name). We have carried on with this tradition since we formed the company 20 years ago. So far over £215k has been donated to charities in the UK and Africa.

London Office: Jonathan Fagan Business Brokers Limited, 27 Old Gloucester Street London WC1N 3AX Tel: 0207 127 4343

Head Office: Jonathan Fagan Business Brokers, Ty Brith, Llandegla Road, Mold CH7 4QX Tel: 01824 780937

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