|Nicola Draper founder Draper Hinks||
Hello, I’m Nicola Draper. I run Draper Hinks and have done so since 2004. We sell only accountancy fees and I am excited to announce that, since inception, we have completed over 400 deals.
Draper Hinks is very proud of its track record and reputation. Please feel free to contact me anytime at firstname.lastname@example.org with any questions.
Why work with a broker to sell your fees?
How long have you been thinking about selling your fees? Weeks, months or years? Over time you have built up really good relationships with your clients. You care about them. You have looked after them. You have nurtured them. Finding the right fit for your clients is so important. You need the right buyer. By using a broker you have a much greater chance of meeting a number of buyers. You can interview each buyer for suitability before deciding which one would be the best fit for your staff and your clients. It matters!
|This is a case study from a practice we sold in 2022:-|
|Time scale||4 months||Type of Practice||Sole Practitioner|
|Payment||3 tranches||How paid||50%; 25%; 25%|
|Multiple||1.15 x fees||When paid||Completion; 12 months; 24 months|
|Offers||2 offers||Office & staff||Office closed, staff retained|
|Results||Vendor wants to start another business unrelated to accountancy|
Are you a seller in one of these areas?
This is only a small sample of some of the buyers registered with us, we have many more that are keen to buy. These buyers have specifically asked us to find a seller for them in your area and are keen to proceed. If you are interested in finding out more, then please contact me, Nicola Draper, at email@example.com quoting the reference.
|P5/W1/DHB/13||Bedfordshire||Up to £650k|
|P5/W1/DHB/14||Buckinghamshire||Up to £300k|
|P5/W1/DHB/15||Oxfordshire||Up to £200k|
|Here are two testimonials from previous vendors:-|
We found out about Draper Hinks on Accounting Web mentioned in Any Answers. Working with the team has been great!! They are professional and friendly. The process offered was very good. Would happily recommend them. The Coaching Call, part of the pre-meeting preparation was VERY valuable. We also appreciated the support and encouragement from Nicola. We kept some clients and now have a much better work life balance that will actually include holidays!
Vendor – Colin & Patricia Bristow Berkshire
Had a mail shot and talked to Nicola. I liked the process and the fact that the buyer incurs the cost. They follow a clear process that has led to a successful outcome. First impression was positive. The process is simple and clear. Nicola was always available for advice. I sold to the people I liked and they made the best offer. I now look forward to being free of the pressures of running my own business.
Vendor – Fred McBreen ACMA Hertfordshire
Income Multiples Paid in the last 12 months
|2022||Quarter||Average income multiple paid||Lowest income multiple paid||Highest income multiple paid||Lowest income multiple offered||Highest income multiple offered|
|Quarter 3||Jul – Sep||1.05||1.0||1.2||0.8||1.2|
|Quarter 4||Oct – Dec||0.91||0.5||1.0||0.5||1.0|
|Quarter 1||Jan – Mar||1.16||0.90||1.48||0.75||1.48|
|Quarter 2||Apr – Jun||0.98||0.90||1.05||0.80||1.40|
NB None of the above figures are to be reproduced in any way without express permission from Nicola Draper.
Please check out our website www.draperhinks.com where you can:-
- Download our Draper Hinks Selling Fees eBook.
- Book at time to talk to Nicola on Calendly using this link:-
- Read our monthly Blogs that give regular market commentary.
- Check our latest Case Study https://draperhinks.com/case-study-september-2023/
If you are thinking about selling, then contact Nicola Draper at firstname.lastname@example.org or call her on 01788 816440. Everything discussed will be totally confidential.