Accounting Firm Available for Acquisition

Not Disclosed, MD
Baltimore County

Asking Price: Annual Revenue:
$1,750,000 $1,571,049

Services: Financial, Accounting, Insurance

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RE: Accounting Firm Available for Acquisition Broker: Justin Sandridge

Quick Facts

Asking Price: $1,750,000
Annual Revenue: $1,571,049
Net Profit: Not Disclosed
Cash Flow: $355,975
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 1984
Employees: 9
BBN Listing #: 10174955
Broker Reference #: 2403-17264

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Business Overview:

A full-service accounting practice provides income tax planning and preparation, audits and reviews, consulting, and bookkeeping services. They work with clients across various fields, including health care, retail, contracting, manufacturing, and technology.

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Property Features and Assets:

The firm is currently operated in a +/- 3,500 square feet office. Assets = $30,000.

Market Competition and Expansion:

Acquisition by another accounting practice will reduce fixed expenses and increase profitability. A renewed focus on business development efforts and expanding services to existing clients would also help drive revenue.

Reason for Selling:

Owners prefer to be acquired.

Additional Details:

  • The property is leased.
  • The owner is not 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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