NOT DISCLOSED, New York
| Asking Price |
$880,000 |
Year Established |
|
|
| Annual Revenue |
$684,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Steve Malone |
|
| Annual Cash Flow |
$187,300 |
Listing Number |
1016872 |
|
| # of Employees |
8 |
Business Category |
Services: Financial, Accounting, Insurance |
|
Business Overview:
Business Overview
Established in 1954, this tax and accounting practice serves individuals and small businesses throughout Central New York. Decades of continuous operation have produced a deep, loyal client base that renews year after year with minimal marketing spend. Revenue is stable and predictable, driven by annual tax preparation work supplemented by bookkeeping, and payroll processing.
The firm operates with five full-time staff year-round, expanding to eight full-time and eight part-time employees during tax season. This is a fully staffed, systematized practice rather than a one-person book of business dependent on the owner’s personal capacity. A buyer steps into an existing team, established workflows, and client relationships that are already handled at the staff level, which materially reduces the transition risk that typically accompanies the purchase of a professional services firm.
The sellers are enrolled agents and are willing to remain with the practice through a defined transition period, up to two years, to introduce clients, transfer institutional knowledge, and support continuity of service.
Real Estate
The real estate is available as part of the transaction on negotiable terms.
Ideal Buyer
This is a turnkey opportunity for tax preparers seeking to acquire an established practice rather than build one from scratch, or for an existing accounting firm looking to expand its footprint in the greater Syracuse market.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity