Flagstaff CPA Firm For Sale – Asking $210,000 on $250,000 of recurring revenue.

Asking Price:

$210,000

Cash Flow:

$165,000

Gross Revenue:

$250,000

EBITDA:

N/A

FF&E:

$5,000

Inventory:

N/A

Rent:

$2,400/Month

Established:

1999

Business Description

A perfect CPA/EA opportunity. This is a lucrative opportunity to take over a respected and trusted firm within the Flagstaff business community. This firm is primarily tax with about $50,000 of regular accounting work and $200,000 of annual tax compliance work and serves a loyal and long-term clientele with excellent retention. The modern office condominium can be leased or purchased, or relocated to an existing facility. The current principal offers transition support and is willing to stay on to ensure client retention and production capacity. The ultimate flexibility exists here with both real estate options and established work force. Asking $210,000 for $250,000 in recurring revenue!

Detailed Information

Location:

Flagstaff, Arizona

Real Estate:

Lease, Buy or Relocate to Existing Infrastructure

Building SF:

700

Lease Expiration:

Custom

Employees:

No employees outside the existing principal

Furniture, Fixtures, & Equipment (FF&E):

All assets needed to generate the cash flow will transfer with the sale.

Facilities:

The office condo is available for lease, or purchase. The condo is 700 square feet with vaulted ceilings, neutral colors, plenty of parking and comfortable and professional decor. If a buyer already has an office in Flagstaff, the practice can be purchased without any real estate ties.

Growth & Expansion:

The Northern Arizona market is underrepresented from a tax professionals perspective. There is ample opportunity to grow organically if you already have critical mass. Amazing growth opportunity.

Financing:

This deal should qualify for SBA financing. The seller is willing to carry or hold back up to 30% of the purchase price subject to the retentive tendencies of the firm.

Support & Training:

The seller is willing to provide 80 hours of familiarization free of charge. This seller is also flexible as to her role after sale. If the buyer needs the cash flow, she will stay for a transition period and exit allowing the buyer to do the production work and obtain all of the cash flow. If the buyer needs production support in the first year, the seller can stay and be the production support for a market wage.

Reason for Selling:

Retirement

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