Asking Price: $588,000 Gross Revenue: $591,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This well-established CPA practice for sale in the Charleston Area has annual gross revenues of approximately $591,000. The practice specializes in providing a range of services to a quality and diverse client base consisting of many businesses and loyal individuals. Revenues are desirably comprised between audit and reviews (36%), accounting services (28%), tax work (19%) and AUPs & attest services (18%) to provide steady, year-round income. The practice has a strong fee structure and produces good cash flow to owner of about 40% of gross revenue. With a tenured, knowledgeable staff in place to assist in a smooth transition and provide capacity for growth, this firm is the perfect, turn-key opportunity for an experienced individual CPA who is ready for practice ownership. It would also make a nice addition to another established firm looking to expand in this area.
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 & Conditions.