Business For Sale

Accounting Firm Near KC with 50% Profit

Kansas City, MO
Platte County


Asking Price: Annual Revenue:
$2,490,000 $1,334,117

Services: Business & Office Services


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RE: Accounting Firm Near KC with 50% Profit Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $2,490,000 15% Buyer Down Payment: $373,500 33% Seller Financing*: $821,700 52% Bank Loan: $1,294,800 A 15% down payment of $373,500 returns $166,564 in the first year after debt payments! *Seller paid annually over three years.

Quick Facts

Asking Price: $2,490,000
Annual Revenue: $1,334,117
Net Profit: Not Disclosed
Cash Flow: $664,067
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 5
BBN Listing #: 120034398
Broker Reference #: PRO038

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Business Overview:

Providing exceptional accounting services to entrepreneurs, corporations, and individuals alike, this accounting firm is focused on meeting the needs of its diverse client base. This company currently focuses on tax consulting and preparation, but offers a wide range of financial services including bookkeeping and payroll, expert witness testimony, as well as sales and use tax services. Customers are mostly located in the Kansas City, Missouri/Kansas area, but at least 10% of clients are spread across the country.

Operating from a beautiful office in the suburbs of Kansas City, this firm employs four full-time accountants and one part-time accountant. The team is highly trained and accomplished in their field and manage their portfolios with little oversight. The current owner is responsible for the day-to-day management of the business and accounts for a minimum of 1,500 billable hours per year.

With a 50% profit margin, this business is in an excellent fiscal position, and a new owner can continue in the current approach confidently. If a buyer is looking to grow, additional income can be found in adding services such as attest work, audit reviews and compilations, or increasing the bookkeeping services currently available.

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.

Property Features and Assets:

3,500 square feet: 6 offices, 2 assistant desks, conference room, file room, kitchen.

Market Competition and Expansion:

Growth Opportunities: Seek out new businesses, expand the team to increase capacity, Add additional services not currently the focus of the company.

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.

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