Boutique-style accounting and tax preparation firm
Business Description
Established boutique accounting and tax preparation firm available due to the owner's retirement. Founded in 2017, this Plano-based practice has built a loyal client base serving individuals and small businesses throughout the North Texas region with comprehensive financial services.
Financial Highlights:
• Annual Revenue: $106,100
• Seller's Discretionary Earnings: $74,892
• EBITDA: $51,185
• Asking Price: $149,500
• Strong 70% profit margin reflects efficient operations
Service Offerings:
Full-service accounting practice providing bookkeeping, payroll processing, tax preparation, and strategic tax planning. The firm's mission centers on helping clients "Earn more money, Keep more money, and Grow more money" through personalized attention and professional expertise tailored to each client's unique needs.
Business Strengths:
• Exceptional 50% growth rate maintained over the past two years
• Home-based model ensures minimal overhead and maximum profitability
• Diversified client mix of individuals and small businesses
• Seven years of established operations with a proven track record
• Premium boutique positioning allows for higher service fees
• Located in thriving Collin County market
Market Opportunity:
Positioned in North Texas's dynamic business environment, benefiting from excellent market conditions and sustained population growth. The region's economic expansion creates continuous demand for professional accounting services, supporting long-term business sustainability and growth potential.
Owner Transition:
Retiring owner committed to providing comprehensive client support and training to ensure seamless transition. Established client relationships, proven systems, and operational processes facilitate immediate business continuity under new ownership.
This turnkey opportunity offers immediate cash flow with significant expansion potential in one of Texas's fastest-growing markets. Perfect acquisition for accounting professionals seeking an established practice or investors looking to enter the stable, recession-resistant accounting services sector with strong fundamentals and growth trajectory.
Financial Highlights:
• Annual Revenue: $106,100
• Seller's Discretionary Earnings: $74,892
• EBITDA: $51,185
• Asking Price: $149,500
• Strong 70% profit margin reflects efficient operations
Service Offerings:
Full-service accounting practice providing bookkeeping, payroll processing, tax preparation, and strategic tax planning. The firm's mission centers on helping clients "Earn more money, Keep more money, and Grow more money" through personalized attention and professional expertise tailored to each client's unique needs.
Business Strengths:
• Exceptional 50% growth rate maintained over the past two years
• Home-based model ensures minimal overhead and maximum profitability
• Diversified client mix of individuals and small businesses
• Seven years of established operations with a proven track record
• Premium boutique positioning allows for higher service fees
• Located in thriving Collin County market
Market Opportunity:
Positioned in North Texas's dynamic business environment, benefiting from excellent market conditions and sustained population growth. The region's economic expansion creates continuous demand for professional accounting services, supporting long-term business sustainability and growth potential.
Owner Transition:
Retiring owner committed to providing comprehensive client support and training to ensure seamless transition. Established client relationships, proven systems, and operational processes facilitate immediate business continuity under new ownership.
This turnkey opportunity offers immediate cash flow with significant expansion potential in one of Texas's fastest-growing markets. Perfect acquisition for accounting professionals seeking an established practice or investors looking to enter the stable, recession-resistant accounting services sector with strong fundamentals and growth trajectory.
About the Business
- Years in Operation
- 8
- Employees
- 1 (1 Part-time)
Part-Time employee performs bookkeeping and payroll tasks only - Currently Home Based
- Yes
- Facilities & Assets
- None
- Market Outlook / Competition
- The market condition is excellent due to the business environment and populatin growth in the North Texas area.
- Opportunities for Growth
- Our growth rate has been at or near 50% the last two years.
About the Sale
- Seller Motivation
- Current owner is looking at retirement
- Transition Support
- Current owner will provide client support and any training necessary for a smooth transition to the new owner.
- Financing Options
- No seller financing.
Listing Info
- ID
- 2431731
- Listing Views
Listing ID: 2431731 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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