Nicola Draper Founder Draper Hinks Another year finished, how was your January? Do you have the interest, inclination and drive to carry on working to deadlines or are you thinking of changing your lifestyle? We are often very busy at this time of year working with vendors that want to slow down or even stop what they are doing. You …
February Newsletter 2025
Nicola Draper Founder Draper Hinks How was your January? Busy as ever? Have you decided to grow your practice and buy some fees? Now is the busiest time of year for us where vendors want to sell. Make sure you are registered with us. We need to understand what you are looking for so we can put forward only the …
Vendor Story £450,000 West Sussex
Details of the deal for this vendor’s story Fees sold £450,000 Where West Sussex Qualified ACA/FCCA Age 61 Time scale 9 months Type of Practice Sole Practitioner Payment 3 tranches How paid 50%, 25% & 25% Multiple 1 x fees When paid Comp, 12 months & 24 months Offers 3 offers Office & staff Office and staff retained by buyer …
Things people are doing after selling their practice in 2024
We had a very good year in 2024 and managed to complete 40 deals. Many of these deals were whole practices being sold, but there has been a trend for sellers to downsize and sell part of their practice. We are finding these tranches of fees are very popular with buyers because they are easily accommodated into their existing business …