Hot Listing
Fee Accounting practice
Business Description
Established Home-Based Accounting Practice - Westminster, CO
This well-established accounting practice, operating continuously since 1996, presents an exceptional opportunity for an entrepreneur seeking a profitable home-based business. Located in Westminster, Colorado, this specialized practice serves a unique niche market of housing authorities and non-profit organizations.
Business Overview:
The practice generates $100,000 in annual revenue with matching cash flow of $100,000, demonstrating strong profitability and efficient operations. Currently serving nine established clients, the business focuses exclusively on fee-based accounting services without tax preparation, creating a streamlined service model.
Key Strengths:
• Nearly 28 years of continuous operation with established client relationships
• Specialized niche serving housing authorities and non-profits with minimal competition
• Home-based operation providing excellent work-life balance and low overhead
• Strong cash flow margins indicating efficient business model
• Loyal customer base requiring ongoing accounting services
• Two-person operation allowing for manageable workload
Growth Potential:
Significant expansion opportunities exist through adding tax preparation services and acquiring additional clients. The specialized nature of the clientele and lack of direct competition provides a strong foundation for growth.
Support & Training:
The retiring owner offers comprehensive training on servicing each customer, ensuring smooth transition and continuity of service quality.
Financing:
Seller financing available with favorable terms: no payments during training period, followed by $4,000 monthly payments until satisfied.
This turnkey opportunity offers immediate cash flow, established client relationships, and substantial growth potential in a recession-resistant market segment. Perfect for someone seeking a stable, profitable home-based business with expansion possibilities.
This well-established accounting practice, operating continuously since 1996, presents an exceptional opportunity for an entrepreneur seeking a profitable home-based business. Located in Westminster, Colorado, this specialized practice serves a unique niche market of housing authorities and non-profit organizations.
Business Overview:
The practice generates $100,000 in annual revenue with matching cash flow of $100,000, demonstrating strong profitability and efficient operations. Currently serving nine established clients, the business focuses exclusively on fee-based accounting services without tax preparation, creating a streamlined service model.
Key Strengths:
• Nearly 28 years of continuous operation with established client relationships
• Specialized niche serving housing authorities and non-profits with minimal competition
• Home-based operation providing excellent work-life balance and low overhead
• Strong cash flow margins indicating efficient business model
• Loyal customer base requiring ongoing accounting services
• Two-person operation allowing for manageable workload
Growth Potential:
Significant expansion opportunities exist through adding tax preparation services and acquiring additional clients. The specialized nature of the clientele and lack of direct competition provides a strong foundation for growth.
Support & Training:
The retiring owner offers comprehensive training on servicing each customer, ensuring smooth transition and continuity of service quality.
Financing:
Seller financing available with favorable terms: no payments during training period, followed by $4,000 monthly payments until satisfied.
This turnkey opportunity offers immediate cash flow, established client relationships, and substantial growth potential in a recession-resistant market segment. Perfect for someone seeking a stable, profitable home-based business with expansion possibilities.
About the Business
- Years in Operation
- 29
- Employees
- 2
- Currently Home Based
- Yes
- Market Outlook / Competition
- There is no competition for this business. It caters to housing authorities and non profits.
- Opportunities for Growth
- To grow I would add Taxes to the practice and take on more customers.
About the Sale
- Seller Motivation
- retiring
- Transition Support
- I will train you on how to service each customer
- Financing Options
- no payment until trained on the job then monthly payments of $4000 until paid
Listing Info
- ID
- 2395936
- Listing Views
- 973
Listing ID: 2395936 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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