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 …
Vendor’s Story September
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 …
Vendor’s Story August
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 …
What is a coaching call, and why is it important?
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 …
Newsletter June 2025
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 …
Potential Seller Newsletter June 2025
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 …
Vendor Story £117,900 Devon
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 …
Vendor’s Story June
Details of a deal done in 2024 Fees sold £90,000 Where Northamptonshire Qualified FCA Age 60 Time scale 5 months Type of Practice Sole Practitioner Payment 2 payments How paid 50% & 50% Multiple 1 x fees When paid Comp & after 12 months Offers 2 offers Office & staff No staff and no office Results Looking forward to getting …
Reasons why buyers buy fees
At Draper Hinks we pride ourselves on understanding what our vendors are looking for when they sell their practice. Well over 80% of our vendors want to know that their clients will be well looked after post sale and it is not uncommon for a vendor to reject a higher offer for a better “fit”. Our aim is to match …
Newsletter April 2025
Nicola Draper Founder Draper Hinks Did you know there are good and bad times in the year to buy an accountancy practice? Now is the best time to register with us if you want to buy accountancy fees. We are busy with vendors telling us they do not want to do another January. Tell us where you are looking to buy, …