Accounting Firm – Income Tax, Bookkeeping, & Payro

Not Disclosed, WI

Northern


Asking Price: Annual Revenue:
$360,000 $245,000

Services: Financial, Accounting, Insurance


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RE: Accounting Firm – Income Tax, Bookkeeping, & Payro Broker: Lake Country Advisors

Quick Facts

Asking Price: $360,000
Annual Revenue: $245,000
Net Profit: Not Disclosed
Cash Flow: $180,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1995
Employees: Not Disclosed
BBN Listing #: 263622468
Broker Reference #: 2594

Email or Print Listing

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Business Overview:

Opportunity to acquire a full year-round revenue producer providing many different accounting services, boasts annual income of $245,000 and owner’s annual earnings average of about $180,000.

This is a very long-established accounting practice with about 150 loyal clients. For over 27 years, this CPA firm has built an excellent reputation with both small businesses and individuals.

The industry trend for accounting practices is very good as there is a shortage of CPA’s and accountants while the industry has posted solid growth. CPA practices are popular for buyers looking to begin owning a new practice of their own and for those buyers looking to build a larger practice overnight. Presently in the market, there’s a very low supply of quality practices like this for sale, especially with little competition.

The time has come for the owner to initiate an exit plan towards retirement, and so this exceptional opportunity is now for sale. The Seller is committed to the future success of this business with a new owner and is prepared to agree to a transition agreement for ensuring client retention and the successful perpetuity of the business.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Market Competition and Expansion:

The Seller turns down new clients weekly due to not been accepting new business as the Seller wants to slow down. A new owner could grow the business significantly by accepting new clients, putting up the website, memberships to the local Chambers of Commerce, and calls to local law firms letting them know of availability would drive more business.

Reason for Selling:

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.

Relevant Links:

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