ATHENS, Ohio
| Asking Price |
$275,000 |
Year Established |
1988 |
|
| Annual Revenue |
$513,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Jeffrey Miller |
|
| Annual Cash Flow |
$91,000 |
Listing Number |
1007113 |
|
| # of Employees |
10 |
Business Category |
Services: Financial, Accounting, Insurance |
|
Business Overview:
SE Ohio Accounting and Tax Practice established 30+ years
This long established and successful accounting, tax and payroll practice is fully staffed with a tenured mix of full time and part time employees, providing staffing flexibility to efficiently meet peak season demands, as well as allowing for a successful transition to a new owner.
The current owner of the practice is also open to continued involvement.
The practice has a nice mix of revenues, providing for year-round cash flow. Services provided include individual return preparation (43% of total revenue), Payroll services to businesses (32% of total revenue), monthly business and non-profit bookkeeping (14% of total revenue), and business and trust tax return preparation (11%).
This is an excellent opportunity for an individual looking to step into a turn-key accounting and tax practice. It would also be a profitable addition for an existing practice/firm looking for an expansion opportunity.
Property Features and Assets:
<p>Established over 30 years ago, the practice has grown and thrived by providing outstanding client service to its approx. 1,000 individual and business clients.<br><br>In 2025 the practice had an almost 100% client retention rate, which is a testament to the strong relationships maintained with clients, and the outstanding client service being provided.<br></p>
Market Competition and Expansion:
<p>Competitors consist of other local and regional accounting, tax, and payroll service providers. However, demand is robust and this practice is well situated because of its long history of outstanding client service.<br></p><p><br></p><p>Demand for accounting, tax, and payroll services is strong. A well executed social media advertising campaign could quickly add new clients. Additionally, cross-selling services into the existing client base represents a growth opportunity.<br></p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity