Highly Profitable Accounting Firm-South Palm Beach
Not Disclosed, FL Palm Beach County
Seller's Contact Information
- RE: Highly Profitable Accounting Firm-South Palm Beach
- Contact: Russell Cohen
Quick Facts
| Asking Price: | $400,000 | |
| Annual Revenue: | $339,310 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $103,010 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 88,348 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2006 | |
| Employees: | 4 | |
| BBN Listing #: | 91334955 | |
| Broker Reference #: | 1043-17454 |
Business Overview:
Reason for Sale: Retirement- Highly Profitable Accounting firm in South Palm Beach- Established since 2006 servicing Small Businesses & Individual client needs. 2022 revenue of $339k breaks out through November ($113k Accounting, $45k Bookkeeping, $25k/ Payroll Processing, Tax Prep $156k). Experienced staff of 4 will continue with the new owner. Owner Benefit for a working owner $103K . Great South Palm Beach office with low rent. Perfect opportunity for an existing CPA or accounting practice to expand their business in South Florida. Buy now for Tax season & expand.
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Property Features and Assets:
Office Building-Rent $1,565/month- 826 square feet-Lease expires 1/31/2024. Assets = $88,348
Reason for Selling:
Retirement.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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