Asking Price: $850,000 Gross Revenue: $798,000Cash 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, highly-profitable CPA practice for sale in Honolulu, HI has annual gross revenues of approximately $798,000. The practice has a strong fee structure and yields solid cash flow of about 49% of gross to the owner. Revenues are derived predominately from tax compliance and planning services for businesses (40%), individuals (50%), and trusts/other (10%). The practice has cultivated a desirable, premium client base which should offer opportunities for expansion of services and continued growth through referrals. It is an exceptional opportunity, ideal for another established firm with capacity to expand or for two experienced accounting professionals ready for practice ownership together to produce cash flow of around 72% of gross to two owners.
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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
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