Maryland - Washington D.C. Area Tax and Accounting Practice

Sale Pending

Asking Price$440,000

Cash Flow
$150,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$385,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Maryland - Washington D.C. Area Tax and Accounting Practice


Sale Pending

Asking Price$440,000

Cash Flow
$150,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$385,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
SALE PENDING - Located in very affluent Montgomery County immediately north of Washington D.C., this profitable firm is projected to return Seller’s Discretionary Earnings of $150,000+ in 2024. Average fees are strong and a competent, established staff is in place. This single owner practice is a perfect opportunity for a CPA who wishes to strike out on their own or for an existing firm looking to acquire a strong book of business. There is low concentration risk as no single client represents over 10% of revenue.

The owner has grown the firm for 35 years and is eager to assist in smoothly transitioning the clients and staff to a new CPA owner. The firm is currently in an attractive office condo and well located in the desirable area.
MD-2083
About the Business
Years in Operation
36
Number of Employees
4
Currently Relocatable
Yes
Facilities & Assets
More info on request.
Market Outlook / Competition
Excellent location in a highly affluent area
Opportunities for Growth
Unlimited
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Retirement
Transition Support
The Seller is open to working part-time for the buyer.
Financing Options
Broker can introduce Buyers to SBA lenders specializing in accounting firms
Listing Info
ID
2291285
Listing Views
2196

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Business Listed by: Joshua Dennis ABA Advisors, LLC

Listing ID: 2291285 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.