Highly Profitable Semi-Absentee Virtual Bookkeeping & Accounting Firm

Asking Price$2,950,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,420,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Highly Profitable Semi-Absentee Virtual Bookkeeping & Accounting Firm


Asking Price$2,950,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,420,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
This accounting firm works with only small business clients performing book cleanup, bookkeeping, payroll, and some special project work. Tax services are offered as a complement to the core services but are outsourced to a contracted CPA firm. This equates to very stable recurring revenue each month without any seasonal fluctuations. Bringing tax work in house also creates an immediate value add for a new owner.

The firm is 100% remote where all client meetings and staff meetings are held via video conference. This has created tremendous efficiencies, cost savings, and allowed the company to look outside of Arizona for clients and staff.

The ownership puts in approximately 20-30 hours per week working on oversight and sales. Very little production is performed by ownership. The firm has an Accounting Manager that oversees the staff and all core operations.

This practice offers an excellent opportunity for a CPA or qualified accounting professional to acquire an established client base with immediate revenue generation potential.

Software – QuickBooks Online and QuickBooks Desktop, Google Suite
About the Business
Years in Operation
25
Employees
14 Full-time
Currently Relocatable
Yes
Market Outlook / Competition
There is high demand for accounting services for small businesses.
Opportunities for Growth
The firm has been growing steadily with a strong referral network from clients and local businesses groups, banking contacts, and just began trying out social media advertising.
About the Sale
Seller Motivation
Retirement
Transition Support
The Owner is committed to providing a smooth transition and is willing to assist with goodwill transfer for an agreed-upon period.
Financing Options
Business is pre-approved for an SBA Loan
Listing Info
ID
2460186
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Business Listed by: Briant Jones

Listing ID: 2460186 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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