This Independent Financial Adviser is looking to sell his client bank and semi-retire. He wishes to stay on post sale as a Mortgage and Equity Release Adviser on a part-time basis and is happy to be involved throughout the handover period.
Seeking an Asset Purchase of 4x recurring income as the vendor can still benefit from BADR because he is a sole trader.
The business has c£18m FuM generating £108k recurring income. Plus, c£40k pa new business income.