Asking Price: $115,000 Gross Revenue: $221,781Cash Flow: $71,832 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $6,000 included in asking priceShare 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.
Great opportunity to take over an established and growing tax preparation business in Front Royal, VA. The business was founded in 2006 and has seen steady and increasing revenue and cash flow growth over the years. The owner and staff pride themselves on providing exceptional customer service to an expanding base of customers and clients.
This is a unique opportunity for a tax preparer to take over a well-known franchise in a growing industry and market. The business is poised for continued growth and expansion - even more so in the coming years with recent changes to the federal tax code. There is an impressive number of new and repeat customers yielding consistent revenue and cash flow. Don’t miss out on this opportunity and contact us today!
About the Business
Number of Employees:
Building Sq. Ft.:
The business office is located in a retail strip center with several major anchor stores. There is a significant amount of vehicle and pedestrian traffic.
There is standard competition for the industry and market. The owner has been able to steadily grow the business over the years with impressive revenue and cash flow growth.
Growth & Expansion:
There is ample room for growth and expansion. The business has a busy season which runs from January through mid April, so a new owner will need to focus on maximizing revenue during that time frame but is also able to expand the business during other parts of the year. The recent federal tax code overhaul which takes effect in 2018 will have many filers seeking advice and assistance which bodes well for tax preparers over the next several years.
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
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