Located in the Richmond, Virginia area, this Certified Public Accounting firm specializes in providing tax-planning and preparation services for several hundred small and medium size businesses and their owners. The company is known for its personal attention, problem-solving solutions, and service orientation. Six of the eight employees are certified.
About the Business
Number of Employees:
Building Sq. Ft.:
8 Offices, Conference Room, Kitchen/Break Room, Reception Area
Other CPAs and accountants in the Richmond area
Growth & Expansion:
Client acquisition is by word of mouth and/or acquisition from other firms because of reputation. Creative marketing highlighting strengths and differentiations will increase clientele. Linkages with professionals in other industries will also increase clientele.
Transition assistance for 3-6 months with special attention to understanding client needs and personalities.
Ad Detail Views:
Asking Price: $1,150,000 Gross Revenue: $1,050,000Cash Flow: $230,000 (Seller's Discretionary Earnings) EBITDA: 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.
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 & Conditions.