Very profitable tax and accounting business for sale in Cape Coral, FL. 40 years in business. Real estate is also available. The business: 80% tax, 20% accounting. 2 full times and 4 part time employees. Owner would like to stay on after the sale preparing tax return on a commission basis. About 80% is recurrent work. About 700 returns/ year averaging $460/return, 150 S-Corps, 6 trusts and a few partnerships. GM is with the company for 8 years. The real estate: One of the best locations in Cape Coral, new owner will gross about $10K/month in rent; 7,500 sq ft of office space, 10 bathrooms, zoned C-1 (very flexible), 24 parking spaces, 15K lot size. Office 101: hair salon; 102: real estate; 103-104: Bud Krater; 10 individual rooms upstairs with massage therapist, real estate, photo studio, etc. $50K electronic street sign just purchased. Solar panels just purchased. New plumbing 2 years ago. Asking price for real estate: $2.1M. Business and real estate are sold together or separately.
- Asking Price:
- $495,000
- Sales Revenue:
- $260,671
- Cash Flow:
- $91,806
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease ends 12/31/23
- Leasehold Rent:
-
$3,000 per annum
- Lease Rent:
- $2,500 per sq ft per annum
Business Operation
- Reasons for selling:
-
Retirement
- Trading hours:
-
Monday-Friday 9 am- 5 pm
- Employees:
- 7
- Years established:
- 40
Other Information
- Support & training:
-
Two weeks of training at no cost to ensure a smooth transition.