Northern Arizona CPA - Discounted Price - Remote Ownership Possible
Business Description
Discounted CPA Firm - Remote Ownership Possible - Northern Arizona
The firm is being sold at a discounted multiple of .85 on gross recurring revenue to create a real opportunity for someone to step right into equity. The principal is asking for $470,900 for $550,000 of revenue. The firm is fully staffed and the current principal only does production work in the first tax deadline. The firm has good margins and good business mix with both tax and accounting services. The firm has a second (minority) partner. She would prefer to sell her shares but desires to continue to work. For those looking to buy but, who need someone else to manage the firm day to day, this individual would be perfect. The firm can be owned and operated remotely. A different kind of opportunity!
About the Business
- Years in Operation
- 10
- Employees
- 6 (4 Full-time, 1 Part-time, 1 Contractor)
Administrative seasonal employees are hired for tax deadlines each year. - Facilities & Assets
- The leased facilities are approximately 1,800 square feet and consist of a large reception area which houses customers waiting and some of the staff. The premises also has two large offices where the two principals are located and five smaller offices. The facility has two bathrooms, a multi-purpose area used for storage, file assembly, kitchen/break area. The office is conveniently located and has plenty of parking.
- Opportunities for Growth
- There are significant expansion opportunities as the market is underrepresented. Expansion is only curbed by staffing constraints and capacity.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,800
- Rent
- $2,169.00 per month
- Lease Expiration
- 8/30/2027
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- The principal and staff will help train and familiarize the buyer with the business. A negotiated number of familiarization hours will be provided for free and considered a part of the purchase price.
- Financing Options
- SBA Financing with Seller Carryback of 10%
Listing Info
- ID
- 2497474
- Listing Views
Listing ID: 2497474 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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