Phoenix Accounting Firm - Great Margins and Balanced Mix
Business Description
Excellent Margins, Central Location, Balanced Mix!
The firm has a small footprint that is perfectly situated centrally within the Phoenix, Arizona metropolitan area. This is practice is located just outside of the Paradise Valley and Scottsdale areas of the Phoenix MSA and can service the entire valley. The firm is very balanced with 46% in monthly accounting work, 50% in tax compliance and 4% in other services. There are major growth opportunities all around. The firm has an SDE of near 50% and EBITDA near 40% creating plenty of cash flow to support an acquisition. We are asking for a 4.28 multiple on EBITDA of $525,800. The firm is owned and operated by two CPAs. While the operators are CPAs they run this as an accounting firm (not a CPA firm). Both principals are willing to stay on and help transition the practice. They will both work within the tax division for market based pay if the buyer desires them to stay on and can stagger their exit over two years.
About the Business
- Years in Operation
- 13
- Facilities & Assets
- There is one leased space in Central Phoenix that acts as the firm's headquarters. They have a secondary Regis lease that accommodates some clients from a previous acquisition. All assets needed to generate the cash flow will transfer with the practice.
- Opportunities for Growth
- There is opportunity for growth and expansion all around. The firm has grown some through acquisition of small retiring CPAs but with 1500 clients, there is growth everywhere you look.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,300
- Rent
- $3,125.00 per month
- Lease Expiration
- 6/30/2026
About the Sale
- Seller Motivation
- The sellers are stepping down into retirement over the next couple of years.
- Transition Support
- The sellers will provide 80 hours of familiarization to the buyer free or charge. If the buyers would like the sellers to stay and produce, they will for market based pay. The two sellers will stagger their exit over 2 years.
- Financing Options
- SBA qualified and the seller will hold back 10% subject to the retentive variables.
Listing Info
- ID
- 2423738
- Listing Views
Listing ID: 2423738 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.
Businesses for SaleArizona Businesses for SaleArizona Professional Service Businesses for SaleArizona Legal & Accounting Businesses for Sale
Similar Listings
