Established Accountancy Practice in West Sussex – SOLD

Current Turnover circa: £150,000

Offers Over: Subject to Negotiation
Established: c.2014 (11 years)
Gross Recurring Revenue: c.£112,500 (approx. 75% recurring)
Number of Staff: Owner-led with part-time and contractor support
Location: West Sussex

Additional Notes

An excellent opportunity to acquire a well-established accountancy practice located in the heart of  West Sussex. Founded over a decade ago, this practice has developed a loyal local client base consisting primarily of small trades, cafés, and owner-managed businesses throughout Sussex.

The firm operates from rented premises with a flexible rolling lease, with low overheads (£5,400 + VAT annually) and flexible staffing arrangements. The current Director has built the business around strong client relationships and reliable bookkeeping, accounts preparation, and tax services, supported by a small, experienced team.

The practice is VAT registered, uses Sage One and manual spreadsheet systems, and maintains professional indemnity insurance with no claims history.

The owner is seeking to engage with a sole trading qualified accountant or a small partnership interested in working collaboratively to deliver bookkeeping and accountancy services to the existing client base. This opportunity would suit an ambitious accountant looking to expand or establish their own firm in West Sussex.

Key Highlights

  • Turnover: c.£150,000
  • Profit: c.£22,000 (scope to improve margins through efficiency)
  • Clients: Approx. 65 corporate and 150+ self-assessment clients
  • Recurring Income: 75% of total fees
  • Client Base: Predominantly local Sussex-based small businesses and trades
  • WIP: £10,000–£12,000 per month
  • Fee Structure: Hourly rate and standing order arrangements
  • Systems: Sage One, manual spreadsheets
  • Staffing: 1 employed staff member, plus 2 part-time contractors (payroll and bookkeeping support)

Opportunity for Growth

There is strong potential to:

  • Expand advisory and tax planning services to existing clients
  • Streamline systems to improve profitability and capacity
  • Increase recurring income through standardised monthly packages
  • Build upon a well-regarded local reputation and long-standing client relationships

This is an ideal opportunity for a qualified accountant or small firm seeking to grow in West Sussex with an established client base and steady recurring fees.

The current owner is open to collaboration or a structured transition to ensure continuity of service for clients and staff.

For more information, please call 0203 811 8543 and quote reference number 240012.