$470,900
$189,000
$550,000
N/A
$4,000
$na
$2,169 per month
2016
The firm is being sold at a discounted multiple of .85 on gross recurring revenue to create a real opportunity for someone to step right into equity. The principal is asking for $470,900 for $550,000 of revenue. The firm is fully staffed and the current principal only does production work in the first tax deadline. The firm has good margins and good business mix with both tax and accounting services. The firm has a second (minority) partner. She would prefer to sell her shares but desires to continue to work. For those looking to buy but, who need someone else to manage the firm day to day, this individual would be perfect. The firm can be owned and operated remotely. A different kind of opportunity!
Prescott Valley, AZ
Leased
1800
August of 2027
4 full time employees and a few temps during tax season
The practice will sell with furniture and the assets needed to generate the cash flow.
The leased facilities are approximately 1,800 square feet and consist of a large reception area which houses customers waiting and some of the staff. The premises also has two large offices where the two principals are located and five smaller offices. The facility has two bathrooms, a multi-purpose area used for storage, file assembly, kitchen/break area. The office is conveniently located and has plenty of parking.
There are significant expansion opportunities as the market is underrepresented. Expansion is only curbed by staffing constraints and capacity.
This business will qualify for SBA lending and the seller will hole 10% of the purchase price subject to retentive tendencies.
The principal and staff will help train and familiarize the buyer with the business. A negotiated number of :familiarization hours will be provided for free and considered a part of the purchase price.
Retirement
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