$418,512
$231,000
$558,416
N/A
$5,000
N/A
$3,487/month
1991
Almost all tax and trusts, this firm has over $558,000 of recurring revenue. This is primarily a tax firm located near a retirement center in Northwest area of Phoenix, Arizona. The firm has numerous referral sources including the retirement center, attorneys and fiduciaries as well as clients. This referral volume is more than they can take on each year and so some clients are turned away each year. This firm is being offered at a discount. We are asking $418k on $558k of recurring revenue. Most of the key staff will stay on with the new buyer and the principal will stay on up to two years as needed for production work and training. The principal and the staff will train any buyer on the trust component of the firm.
Phoenix, Arizona (Northwest Valley)
Leased
1,600
May 2028
1 full-time. 3 part-time
The assets needed to generate the cash flow will be included with the sale.
The suite holds five offices, including a larger executive office, one conference room, a file room, and a reception area. The assembly room holds the refrigerator, microwave, and coffee maker. Public restrooms are available on each floor. The space is 1,600 square feet and the lease expires in May of 2028.
This is a very growable practice. An extremely strong referral network sends clients regularly to the practice. This principal has not wanted to add staff and volume however, and so many referrals are turned away. With the correct capacity, growth is unstoppable.
This should qualify for SBA financing. The seller will agree to hold back 30% of the purchase price subject to client attrition after sale. While the seller will provide this downside protection, the seller believes all the clients will stay if they are served well (outside of normal attrition)
The principal and her staff will provide all the training and familiarization you need to operate this practice. This familiarization is provided free of charge and is included in the purchase price. The seller and her staff will also provide all of the training a buyer needs on the trust side of the practice. The seller has offered to stay up to two years to help with production and training.
Retirement
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