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Sell you practice

Time to retire?

If you are looking for a buyer for your accountancy practice, then you should contact us.

We are an experienced buyer with a solid track record of paying good prices and having exceptionally high client retention rates.

You are probably based in the G, PA or KA postcodes, and want the best for the business you have built.

Time to sell your accountancy practice?

If you are planning to sell your accountancy practice then Nicolson Accountancy are active accountancy practice buyers.

We are a rapidly growing firm of accountants based in Glasgow, Kilmarnock and Stornoway.  We are always looking for a practice for sale, as we want to grow the business further.

We’ve grown the business organically over the past ten years at a rate of over 25% compounded annually.  We are always on the look out for other growth opportunities.  Our success comes from the different approach we take to locating, attracting and retaining clients to our accountancy practice. And, of course, the service we deliver with our experienced team.

Along the way we have won quite a few awards.

We operate a very different and very non-traditional style practice but one which is very focused on service delivery to our vast number of clients.

So as not to waste your time (or ours!), we are primarily interested in practices or fee blocks.  We expect to obtain outright control of the accountancy practice after a short handover period. That will be no more than 12-24 months, although the seller may remain as a consultant for longer.

We may consider a merger as a way of providing an exit strategy, but that’s very much a secondary preference.

It’s not a problem for us if you have staff that may transfer, or if you have a different computer system from us (Iris).  Or even if you don’t have a computerised system.

The clients do not have to be based near us, but must be portable to us, as you will be giving us a warranty for this.  That almost certainly means that we will necessarily move the practice to our offices, so having rented accommodation makes the deal more attractive to us.

Selling your accountancy practice: target size

We are experienced accountancy practice buyers.  Consequently we are interested in acquiring fees ranging from £50,000 to £350,000.  We may consider a practice or block of fees of up to £500,000 depending upon the specifics.

At the moment our preferred areas are in and around Glasgow or the West of Scotland. Regardless, the right opportunity might make us review the situation.  We would probably not consider anything in Edinburgh or north of Stirling for simple logistical reasons.

Recent acquisitions that we have completed are:

If any of this is of interest to you, even if you are just at the early stages of considering selling your accountancy practice, then please contact Sue on 0141 237 3878 for an assuredly utterly confidential conversation.

Glasgow
31 Lynedoch St.
G3 6EF

Kilmarnock
71 King Street
KA1 1PT

Stornoway
49-50 Bayhead
HS1 2DZ

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