Business Description
This firm has a very strong cash flow margin at 63% and is located in Chandler, AZ, one of the fastest growing communities within the Phoenix, AZ metropolitan area. The principal has front page google status on his web presence and has regular new opportunities to grow the firm. The firm has strong business tax return margins, three lucrative reviews and a hand full of compilations. There is no regular bookkeeping or payroll within the firm. The principal would like to sell his office condo along with the practice or he will consider a lease as well. CPA inquiries only on this firm due to the lucrative reviews within.
Detailed Information
Strategically located within a couple miles of I-10, the 101 Loop and the San Tan Freeway, this practice has easy access from anywhere in the SE Valley. The office condo is part of a professional office park that is filled with other medical and professional groups. It is surrounded by other retail, professional businesses and has plenty of great restaurants to entertain clients. The county assessor indicates that this has 1,371 square feet of usable space. It contains 4 offices, a conference room, a kitchen, bathroom and comes with 2 covered parking spaces and plenty of other parking within the complex. The principal prefers to sell or lease the real estate where the practice currently resides.
Competition: There are many firms in the Phoenix metropolitan area but the concentration of CPAs in Chandler are far less. This makes marketing dollars travel farther and front page status easier.
Growth & Expansion: Chandler is one of the fastest growing communities within the Phoenix metropolitan area. With front page google status, an excellent and convenient location this firm is poised to grow.
Financing: Seller will carry a note for 20% of purchase price
Support & Training: The principal is willing to participate in transition activities in the years following acquisition and will be available for multiple years to help with the reviews if needed.
Reason for Selling: Retirement
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Selling your firm in this market does take some planning and is filled with potholes and roadblocks. It’s always good to seek out an experienced intermediary that can consult with you on the sale of your practice. Berkshire Business Sales and Acquisitions has been selling firms for the last 10 years in the Arizona market and has first-hand market and deal experience. Contact Ryan Gipple at 602-614-3583. www.stepheno129.sg-host.com
