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Whether it is from fates long arm or a successful and well-planned business exit, we know that someday you will part with your business. We want to help you make your dreams come true.
$725.000
$450,000
$580,000
N/A
$5,000
N/A
$990 per month
2012
This North Scottsdale Accounting Practice has kept overhead low and the cash flow margin high. The majority of the firms revenue comes from a well diversified tax base and regular monthly bookkeeping adds approximately $150,000 in annual revenues each year. The firm is approximately 60% tax with the balance coming from bookkeeping, accounting and consulting. More than half of the revenue is generated from business entities. Lease expense is less than $1,000 per month with a small 800 sq/ft footprint. There is other space available within the same complex if you are looking for more square footage. In 2022 the firm had seller discretionary cash flow of $450,000 on just $580,000 of recurring revenue. This firm is growing with the last three years producing $400k, $478k and $580k in recurring revenue. Don't miss out on this growing accounting firm with its' lucrative cash flow.
North Scottsdale, Arizona
Leased
800
05/30/2023
3
All the needed FF&E will pass with the sale. You can step right in and take over.
The space itself is a modest and inexpensive 800 sq/ft. There is one large office, one smaller office, a very small kitchen area and a reception area for customer waiting. The current lease is just $990/month and expires in May of 2023. A buyer can pursue this lease or there are additional space options available within the complex.
The firm has grown organically from $400,000 in 2020 to $580,000 in 2022. The 2023 year to date production is $33,000 ahead of 2022 through April of 2023. If you are looking for growth opportunities on a high margin practice, this is it!
There is ample cash flow within the firm to service any financing needs. The seller is willing to carry 10% of the purchase price subject to retentive tendencies of the firm.
The seller will do what ever it takes to ensure a smooth transition. The seller plans on moving out of state after the transition but could do some part-time overflow production work if the buyer desires on a remote basis.
The principal would like to retire and move out of state.
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