Cash Flowing Payroll, Tax & Bookkeeping Firm w/ Great Seller Financing

Asking Price$1,220,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$638,000

InventoryNot Disclosed

FF&E$30,000
Included in asking price
Real Estate$350,000
Not included in asking price
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Cash Flowing Payroll, Tax & Bookkeeping Firm w/ Great Seller Financing


Asking Price$1,220,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$638,000

InventoryNot Disclosed

FF&E$30,000
Included in asking price
Real Estate$350,000
Not included in asking price

Seller Financing Available
Business Description
ESTABLISHED PAYROLL, TAX & BOOKKEEPING PRACTICE - WEBER COUNTY, UT

This thriving accounting and tax practice represents an exceptional acquisition opportunity in Utah's growing Weber County market. Established in 2019, the business has demonstrated remarkable consistency with $638,000 in annual revenue and $247,000 in seller's discretionary earnings, reflecting strong operational efficiency.

BUSINESS OVERVIEW:
Specializing in payroll services, tax preparation, and comprehensive bookkeeping, this practice serves a loyal client base with high retention rates. The business has achieved impressive 25% year-over-year growth for three consecutive years, positioning it perfectly for continued expansion under new ownership.

OPERATIONAL STRENGTHS:
• High-functioning team enables owner flexibility and extended vacations
• Easy-to-manage operations with established systems
• Strong client loyalty ensuring predictable revenue streams
• Growing demand in underserved market with retiring baby boomer accountants
• Strategic timing before business becomes too large and expensive

FINANCIAL HIGHLIGHTS:
• Annual Revenue: $638,000
• Seller's Discretionary Earnings: $247,000
• FF&E Value: $30,000
• Owner-occupied real estate valued at $350,000
• Exceptional seller financing available up to 80% with 10-year terms

MARKET OPPORTUNITY:
The accounting industry faces a significant talent shortage with only 1 in 10 retiring accountants being replaced. This creates substantial growth opportunities for established practices serving the expanding Weber County business community.

SELLER SUPPORT:
The retiring owner offers comprehensive 6-week training and transition support, including personal client introductions during critical tax season. Extended consultation available as needed to ensure seamless ownership transfer.

FINANCING:
Highly favorable seller financing terms available for up to 80% of purchase price with 10-year note structure, designed to ensure positive cash flow for qualified buyers with basic business acumen.

This turnkey operation presents an ideal opportunity for an experienced accounting professional or qualified buyer seeking entry into a profitable, growing practice with exceptional financing terms and comprehensive seller support.
About the Business
Years in Operation
7
Employees
5 Full-time
Employees are well established and can work with little management
Facilities & Assets
Seller owns a fine office space with nice amenities and great working environment.
Market Outlook / Competition
There are not enough bookkeepers and accountants to take the growing demand. 1 in 10 accountants are replaced after baby boomers retire.
Opportunities for Growth
Business is growing at a 25% growth rate YoY for the past 3 years and is expected to continue growth. This is the perfect time for a new buyer to step in before it gets too large and expensive.
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Retirement
Transition Support
The owner is willing to train and transition new owner for 6 weeks, especially during tax season if needed. Owner is willing to make personal introductions to all clients and expects to be compensated beyond transition period as needed.
Financing Options
Seller is willing to do up to 80% financing with a 10 year note making cash flow
Listing Info
ID
2483741
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Business Listed by: Bret Blackham

Listing ID: 2483741 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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