Asking Price: $168,000 Gross Revenue: $140,000Cash 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 NW Boston Metro CPA Practice for sale has revenues to be sold of approximately $140,000. This well-established practice enjoys a loyal client base and has been in the same location for the past 13 years. Revenues consist of mostly tax work with approximately 40% for individuals, 20% for businesses, and 35% fiduciary. There is a solid fee structure in place generating good cash flow to owner over 60%. The owner is available to assist with a short transition if desired. A buyer should have good experience with trust and estate returns. This practice would make the perfect, turn-key starter practice for a CPA looking to jump into practice ownership or a profitable addition to another firm.
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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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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