$2,250,000
$655,806
$1,400,000
$525,806
$10,000
$na
$37,500 Annually for two small leases
2010
The firm has a small footprint that is perfectly situated centrally within the Phoenix, Arizona metropolitan area. This is practice is located just outside of the Paradise Valley and Scottsdale areas of the Phoenix MSA and can service the entire valley. The firm is very balanced with 46% in monthly accounting work, 50% in tax compliance and 4% in other services. There are major growth opportunities all around. The firm has an SDE of near 50% and EBITDA near 40% creating plenty of cash flow to support an acquisition. We are asking for a 4.28 multiple on EBITDA of $525,800. The firm is owned and operated by two CPAs. While the operators are CPAs they run this as an accounting firm (not a CPA firm). Both principals are willing to stay on and help transition the practice. They will both work within the tax division for market based pay if the buyer desires them to stay on and can stagger their exit over two years.
Phoenix, Arizona
Two small leased facilities.
1,100
July 2026 or with 60 days notice
10 Employees or Contractors including the Principals - One Tax FTE still needed
All FF&E will transfer with the sale included within the purchase price.
The primary leased space is located east of the 51 corridor and north of the 202 Loop. A couple of miles north you will find Paradise Valley, which is home to some of the wealthiest entrepreneurs and estates in the nation. Just a couple of miles to the East you will find Scottsdale, Arizona, a town rich with growing entrepreneurs and influencers. Its central location and access to nearby arterials and interstates create an ease of access for customers throughout the entire Phoenix MSA. The office is 1100 square feet. There are two offices with locking doors and a bull pen area where staff and clients can come to conduct their business. There is a reception area for customer-waiting, a break room, and a restroom on site. The office has neutral colors, has a functional and modern design, and has become the small but powerful center for operations for this highly profitable firm There is a second lease through Regis to accommodate clients from the recent acquisition. This lease can be kept year around or moved to more of a seasonal and temporary lease to accommodate the seasonal activity.
There is opportunity for growth and expansion all around. The firm has grown some through acquisition of small retiring CPAs but with 1500 clients, there is growth everywhere you look.
This is pre-qualified through SBA. The seller will also consider a 10% holdback subject to retentive variables providing buyers some downside protection if clients don't make the transition.
The sellers will provide 80 hours of familiarization to the buyer free or charge. If the buyers would like the sellers to stay and produce, they will for market based pay. The two sellers will stagger their exit over 2 years.
The sellers are stepping down into retirement over the next couple of years.
"*" indicates required fields
