Below you'll find a list of all posts from 2025
Anyone thinking of selling their practice would be best advised to get in touch with Draper Hinks as soon as they have decided to take this step. It is important to understand the process that we follow when selling an accountancy practice. The first thing we offer is a free, confidential discussion about your own situation. Everyone’s circumstances are very …
Nicola Draper Founder of Draper Hinks We have been contacted by a number of sellers that do not want to have to deal with MTD next year. I believe that some will leave it to the last minute and I am expecting there to be a rush of vendors wanting to sell with little time to spare. Have a regular …
Nicola Draper Founder of Draper HInks We are getting a number of vendors approaching us because they do not want to have to deal with MTD next year. If this is you, then you need to get in touch with us asap, don’t leave it too late when there will be a glut of practices for sale and it will …
Details of the deal for this vendor’s story Fees sold £290,000 Where Oxfordshire Qualified FCCA Age 61 Time scale 20 months Type of Practice Sole Practitioner Payment 3 tranches How paid 50%, 40% & 10% Multiple 1.2 x fees When paid Comp, 12 months & 24 months Offers 3 offers Office & staff Office and staff retained by buyer Results …
Details of a deal done in 2024 Fees sold £79,000 Where London Qualified FCA Age 77 Time scale 5 months Type of Practice Sole Practitioner Payment 2 payments How paid 50% and 50% Multiple 1.2 x fees When paid Completion and 12 months Offers 4 offers Office & staff No office and no staff Results Vendor was looking forward to …
Details of a deal done in 2024 Fees sold £80,047 Where West Midlands Qualified QBE Age 73 Time scale 6 months Type of Practice Husband and wife partnership Payment 2 payments How paid 50% & 50% Multiple 1 x fees When paid Completion and 12 months Offers 3 offers Office & staff Office closed no staff to move to buyer …
At Draper Hinks we like to set up a Meeting Day where the vendor can meet a number of potential purchasers on a one on one basis throughout the day. The rationale behind this is that a vendor is more likely to sell their practice if they meet with more than one buyer. We vet each buyer to make sure …
Nicola Draper Founder Draper Hinks At Draper Hinks we receive referrals from many different places and we are grateful to anyone and everyone that passes our name forward, thank you. We are proud to announce that we have completed well in excess of 465 deals to date. This does not mean we know everything, but we do have a lot …
Nicola Draper Founder Draper Hinks At Draper Hinks we receive referrals from many different places and we are grateful to anyone and everyone that passes our name forward, thank you.To date we have completed well in excess of 465 deals. This does not mean we know everything, but it does mean we have a lot of experience we can share …
Details of the deal for this vendor’s story Fees sold £117,900 Where Devon Qualified FCA Age 68 Time scale 4 months Type of Practice Sole Practitioner Payment 2 tranches How paid 50%, & 50% Multiple 1 x fees When paid Completion and 12 months Offers 3 offers Office & staff Vendor worked from home no staff Results Vendor looking to …