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Listed by:

ABA Advisors, LLC

Sale Pending - Tax And Accounting Practice In Youngstown For Sale

Youngstown, Ohio, US
Asking Price:
$475,000
Sales Revenue:
$478,000
Cash Flow:
$237,000

**REDUCED PRICE**

This four-decade firm is thriving, generating revenue of $478,000 in 2024, with ~50%, or $237,000, returned to the owner. Business tax and accounting services make up almost 77% of revenue, with much of it being monthly or quarterly accounting work. The right buyer could gradually make this firm virtual. Concentration is low, with no single client representing over 10% of revenue. The staff is in place with one other well-qualified CPA plus an experienced office manager and receptionist. Staff are aware of the sale and are likely to continue with a new owner.

This practice is a perfect opportunity for a CPA to strike out on their own, or it could also be a great addition to an existing firm looking to take the firm into its next chapter of growth. The seller will assist the buyer in transitioning clients and is interested in continuing to work at the firm up to 25 hours per week.

Business Operation

Reasons for selling:

Retirement Age

Employees:
3
Years established:
1980

Other Information

Support & training:

The seller is very willing to assist the Buyer in smoothly transitioning clients and is open to discussing part-time contract work up to 30 hours per week at a discounted rate for 2024 and beyond.