Well Established Accounting & Consulting Company

Not Disclosed, NC
Wake County


Asking Price: Annual Revenue:
$499,500 $382,441

Services: Financial, Accounting, Insurance


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RE: Well Established Accounting & Consulting Company Broker: Don Emmett
Owner Financing is Available!
$49,950 down/$49,950 over 120 months @ 8%/ Other Financing.

Quick Facts

Asking Price: $499,500
Annual Revenue: $382,441
Net Profit: Not Disclosed
Cash Flow: $185,006
Total Debt: Not Disclosed
FF&E: $12,500
Real Estate: Not Disclosed
Year Established: 1992
Employees: 4
BBN Listing #: 91764955
Broker Reference #: 1310-15996

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Business Overview:

Well established (over 25 years in the Triangle) tax, accounting, bookkeeping, and consulting practice is ready for a new captain to take “the helm”. This full-service company services both business and individual clients. The motivated and experienced staff are all Certified QuickBooks Advisors.

2020 Financials reflect the Last Twelve Months (LTM) 10/2019 to 9/2020.

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Property Features and Assets:

The business is located in a booming Research Triangle town. The company employs 4-5 accountants/bookkeepers with up to 25 years of tenure with the company. The Business is located in an upscale office building with 2,000 square feet of space that is currently fully utilized. Assets= $12,500

Market Competition and Expansion:

The Accounting Services industry is expected to continue to experience strong demand over the next five years. An increasing number of businesses coupled with rising corporate profit will cause aggregate private investment to increase and generate higher demand for traditional accounting services, such as auditing and corporate tax assistance. The tax system overhaul passed in December 2017 has led to increased demand for industry operators during the outlook period as businesses and individuals comply with new changes. Overall, the industry is projected to grow at an annualized rate of 0.6% over the five years to 2025 to reach $114.1 billion." Source: IBISWorld Industry Outlook " The business is located in a “booming” Triangle town, with many new businesses and residents arriving every month. As stated earlier, the industry is projected to grow at an annualized rate of 0.6% over the five years to 2025 to reach $114.1 billion." Source: IBISWorld Industry Outlook ".

Reason for Selling:

The business owner is nearing retirement.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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