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, …
Potential Seller Newsletter April 2025
Nicola Draper Founder Draper Hinks Did you know there are good and bad times in the year to sell an accountancy practice?Now is the best time to start the process of finding a buyer for your fees. We are busy with buyers telling us they are ready to grow and are keen to acquire. Tell us if you want the …
Vendor Story £257,000 Leicestershire
Details of the deal for this vendor’s story Fees sold £257,000 Where Leicestershire Qualified ATT FMAAT Age 72 & 64 Time scale 9 months Type of Practice Husband and wife partnership Payment 3 tranches How paid 60%, 30% & 10% Multiple 1 x fees When paid Comp, 12 months a& 24 months Offers 4 offers Office & staff Office and …
Vendor’s Story April
Details of a deal done in 2024 Fees sold £150,000 Where Dorset Qualified FCA Age 63 Time scale 4 months Type of Practice Sole Practitioner Payment 1 pmt then earn out How paid 50% & over 2 years Multiple 1 x fees When paid Comp & quarterly Offers 4 offers Office & staff Office closed staff moved to buyer Results …
Warning to all vendors! Please read this.
In 2024 we sold a practice for a Sole Practitioner. She was looking to retire to start a new career away from the accountancy world and was relying on the proceeds of the sale. She knew that her new venture would need to have some capital behind her before she would start to see a return. Having a cash reserve …