Tax & Accounting Firm – $542,000 of recurring revenue for $406,000


Asking Price:


Cash Flow:


Gross Revenue:









$47,500 annually



Business Description

The firm has good margins, great clients, tremendous stability and balanced earnings. It is located in North Phoenix near the Biltmore area along highway 51. S-Corp returns average $842, partnerships average $790 and individual returns are near $500 on an average basis. The principal is asking $406,500 for $542,000 of recurring revenue (.75 multiple). The firm is not in distress but the managing partner is ready to retire and is offering a discount for a quick sale. Historically the firm carries a 50% cash flow margin. The practice is primarily tax but has $67,000 of regular bookkeeping revenue annually. The bookkeeping clients are all tax clients as well which helps with the efficiency during tax season. This is technically a CPA firm but has been run as an Enrolled Agent firm and a CPA firm over time and does not contain CPA in the name. The lease expires in November of 2023 so buyers can re-negotiate a new lease or relocate the clients to an existing infrastructure. The principal is looking for enrolled agent buyers or CPAs.

Detailed Information


Phoenix, Arizona (North Phoenix)

Real Estate:


Building SF:


Lease Expiration:

November 30, 2023



Furniture, Fixtures, & Equipment (FF&E):

All of the existing furniture, fixtures and equipment will transfer with the sale.


The practice is located in a 2 story, 3 building office complex with many amenities. There have been a lot of recent renovations and the current principals have been very happy with the location and the roughly 1,800 square feet. The office has a customer reception area with a reception desk and waiting area. It has a conference room off the reception area that seats 6 individuals comfortably. There are 3 locking offices, a large open space used for storage and work area, a small kitchen area and a walkout to a beautiful courtyard. With a lease expiration in November of this year it presents a flexible buyer opportunity. Negotiate a new lease and keep the practice right where it is or relocate the practice to a different infrastructure.

Growth & Expansion:

Arizona and the Phoenix metropolitan area is one of the fastest growing areas in the nation. The existing principal no longer accepts new clients but there is ample opportunity for additional growth.


The seller is only asking for a .75 multiple on revenue and will carry up to 25% of the practice purchase price subject to retentive tendencies. With 50% margins, there will be no problem financing this with SBA or conventional financing.

Support & Training:

The principal will stay on to aid in the transition. If desired they will agree to work part-time during tax deadlines through 2024. The principal is also flexible if they are not needed.

Reason for Selling:


Want To Sell Your Practice?

Fill out the form below and we’ll be in touch!

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Be the first to get notified about new listings