Very efficiently-run and profitable tax and accounting practice. The 2 current owners work less than 40 hours combined during off-tax season. The combined number of hours may be up to 60 hours/week during tax season. This business can be run by one person, with possibly one part time assistant to enter the data, during tax season. The book of business can also be added to another accounting/bookkeeping practice that already have the resources.
- Asking Price:
- $199,500
- Sales Revenue:
- $175,005
- Cash Flow:
- $143,389
Property Information
- Premises Details:
-
This business is home-based and no fixed assets are included in the sale. The client files will simply be transferred to Buyer.
Business Operation
- Expansion Potential:
-
The current owners are satisfied with the income this business generates and have limited the number of clients they are willing to serve. However, they receive regular requests from potential clients. Therefore, a Buyer who wants to expand should be able to do so organically or, more rapidly by networking and promoting the business services. The Business may also offer more bookkeeping services and add payroll and consulting services as well.
- Competition / Market:
-
There are many accounting and tax preparation firms - some better than others. This one is very efficient and produce accurate and timely results for their clients.
- Reasons for selling:
-
Retirement.
- Trading hours:
-
Mon-Fri 9am-3pm; during Tax Season
- Years established:
- 44
Other Information
- Support & training:
-
Will train for 2 weeks @ $0 cost.
- Home based:
- This business can be run from home.
- Relocatable:
- This business can be relocated.
