Established Accounting Firm with Tax Preparation

Seneca, SC
Oconee County

Asking Price: Annual Revenue:
$567,000 $381,843

Services: Financial, Accounting, Insurance

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RE: Established Accounting Firm with Tax Preparation Broker: Patrick Anderson
Owner Financing is Available!

Quick Facts

Asking Price: $567,000
Annual Revenue: $381,843
Net Profit: Not Disclosed
Cash Flow: $168,846
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 1985
Employees: 7
BBN Listing #: 171751471
Broker Reference #: 52661-134847

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Business Overview:

Ready to own your own accounting and tax practice? Own this highly profitable accounting and tax preparation firm. Over 1,700+ return clients.

80% individual returns. Also corporate returns and bookkeeping. Owner want to decrease personal workload to unable him to explore new opportunities. A fully trained staff makes this your turnkey opportunity.
35 plus years doing business in the Keowee lake region and surrounding towns. Until 2019, there was a partnership of the two friends. Due to illness, one partner left the business in 2019. The business also held 3 locations in surrounding areas but has consolidated to one location.
The current owner has been involved the entire time in business has been open.

Competitive Overview H&R Block has offices in the area. Rates from Accudata are very competitive and the practice continues to grow.

Potential Growth: Strong growth for bookkeeping and tax preparation will continue. Additional services could be added like financial planning. There is also an opportunity to advertise, increase the online presence and use social media to grow.

General office building with plenty of parking for employees and clients.

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Reason for Selling:

Other business interests

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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