Tax & Accounting Firm – NE Phoenix Area – $575,000

SOLD

Asking Price:

$575,000

Cash Flow:

$288,601

Gross Revenue:

$484,000

EBITDA:

N/A

FF&E:

$3,000

Inventory:

N/A

Rent:

$2,166.67 per Month

Established:

1997

Business Description

Affluent Tax & Accounting Practice with organic growth opportunity! This well run practice is located in a NE Suburb of Phoenix, Arizona. With approximately 70% tax revenues, the firm also has roughly 30% in regular monthly bookkeeping and other reoccurring services. This kind of balance ensures a year around cash flow and the regular bookkeeping creates great efficiency on business tax return processing. The firm is stable and has incredible organic (low cost) growth opportunity if desired. The existing principal has predominately stopped taking on new clients because they are exiting the business and retiring. The firm is also surrounded by affluent markets serving the Scottsdale, N Scottsdale, Anthem, Cave Creek and Carefree areas. The firm has a 60% cash flow margin! We would like to encourage offers from Enrolled Agents and CPAs.

Detailed Information

Location:

Phoenix, AZ

Real Estate:

Leased

Building SF:

1,250

Lease Expiration:

6/30/2022

Employees:

2

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

Included in asking price

Facilities:

1250 square feet with 5 offices

Growth & Expansion:

Tremendous low cost growth options in affluent area.

Financing:

30% of purchase price

Support & Training:

Seller will provide full support and training for no additional fee. To be negotiated.

Reason for Selling:

Retirement

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