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Full-Service Accounting & Tax Preparation Business

Full-Service Accounting & Tax Preparation Business
Listing
1678
SOLD!
Services Individuals and Small Businesses
Middlesex County
Revenue
$683,000
Cash Flow
$300,000
Asking Price
$640,000
Asking price details
(includes F&F, equipment, and software estimated at $28,000)
Business Description

This well-established CPA practice has been providing expertise that ranges from tax preparation, accounting, bookkeeping, payroll and more in-depth tax planning and business consulting. Their dedication to high standards, personalized service, and work ethic is the reason their clients return each year. The rent and overhead makes this office very reasonable to operate. There are more start-up businesses each year so the outlook for growth is promising. It is a great opportunity for a young CPA who wishes to own their own practice. Also, an established practice looking to expand in a new territory with an established client base. The Revenues have been increasing between $600,000 and $700,000 with a 3-year average cash flow above $350,000.

Growth Expansion and Opportunities

Increasing marketing, advertising, and social media initiatives will have a significant effect on future growth of this business. Expanding into surrounding communities and increasing staffing capacity can significantly enhance revenue growth.

Support & Training

The seller will provide necessary support and training.

Broker

Brian Labonte

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