Business Accounting Services Firm
Accountants, Bookkeepers, Controllers, Advisors

This business is San Jose Metro Area financial services firm, provides comprehensive outsourced accounting, bookkeeping, controllership, and advisory services to small businesses, start-ups, venture capital firms, and non-profits. This includes capture and analysis of transaction data & preparation of financial reports. The firm does not prepare, file, or defend tax returns.

Whether a prospective client is starting a new business and needs a little help setting up a user-friendly accounting system — or is a well-established company that wants to outsource some or all of their accounting department, this business has a solution.

In business for 20+ years, the firm provides a broad spectrum of financial services for small businesses, non-profit entities, venture capital firms, and start-ups. The business operates from leased offices (2,954 sq ft) in a major metropolitan business center.

The staff consists of five controllers with impeccable credentials and decades of experience: 3 full-time and 2 part-time. The current owner is not engaged in day-to-day business operations.

Annual sales for 2024 were $1,171,932. Sales in 2024 were generated by 74 unique clients.

Seller’s Discretionary Earnings (SDE) were about $223,000 in 2024.

The company provides a broad spectrum of services:
Bookkeeping: QuickBooks, payroll, bank reconciliation, A/P, A/R, E-commerce accounting.
Controller functions: Budgeting, accounting controls, financial reporting, fiunancial review & analysis, relationship management.
Advisory consulting: Board presentations, accounting financial tools, key metrics, software assessment, and strategic planning.

A comprehensive, aggressive marketing campaign is underway to broaden the already-diverse client base.

The Transaction: The seller is open to all reasonable offers and terms. The business is being offered for $795,000. This would include all assets used in the business, except accounts receivable, cash-on-hand, and leasehold security deposit. This is for the entire business including, as applicable, the business name, trade names, trademarks, proprietary methods and procedures, any other intellectual property, customer lists, vendor/supplier information, sales backlog, goodwill, tangible assets, (tools, apparatus, furniture, fixtures, and equipment). A definitive list of assets will be included in any purchase agreement and will supersede this list. It does not include cash, accounts payable*, accounts receivable, or security deposits. (*Seller is responsible for A/P and payroll through the date of Closing.)

Exclusive Broker: Tim Cunha, J.D., Cal. DRE #01919755
Note: All data on this business are provided by the Seller for information purposes only, and no representations are made by the Broker as to accuracy. The Broker has made no independent verification of the data contained herein. The Broker represents the Seller and does NOT represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of professionals prior to purchasing the Business.
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