Sole proprietor PA/CPA on southern Oregon coast

Asking Price$125,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$150,000

InventoryNot Disclosed

FF&E$15,000
Included in asking price
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Sole proprietor PA/CPA on southern Oregon coast


Asking Price$125,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$150,000

InventoryNot Disclosed

FF&E$15,000
Included in asking price

Seller Financing Available
Business Description
Established Accounting & Tax Practice - North Bend, Oregon

This well-established CPA practice has been serving the southern Oregon coast community since 1986, offering an exceptional opportunity for an accounting professional seeking a profitable, turnkey operation.

Business Overview:
- 375 established tax clients with strong recurring revenue base
- Annual revenue of $150,000 with $85,000 in seller's discretionary earnings
- Prime location within 3 blocks of Oregon coast's largest shopping center
- 1,000 sq ft office space with favorable lease through December 2030 at $1,000/month

Financial Highlights:
- Strong 56.7% profit margin demonstrates efficient operations
- Consistent client base built over 37 years of operation
- Owner historically turns away 50-75 potential clients annually due to capacity constraints
- All tax files and QuickBooks records included with sale

Growth Potential:
- Significant expansion opportunity as three local CPAs are nearing retirement
- Untapped payroll services market ready for development
- Capacity to add substantial new clients with additional staffing
- Limited competition in market serving 46,000+ county residents

Location Advantages:
- Central North Bend location near medical facilities and Main Street
- Serves Coos County market with strong demographic base
- Established presence in growing coastal community

Sale Terms:
- Asking price: $125,000
- Seller financing available: $25,000 down, $50,000 annually from revenue
- $15,000 in furniture, fixtures, and equipment included
- Minimal training required due to comprehensive systems in place

This practice represents an ideal opportunity for a CPA or accounting professional to acquire a profitable, established business with significant growth potential in a desirable coastal location. The seller's willingness to provide favorable financing terms makes this an accessible investment for qualified buyers.
About the Business
Years in Operation
40
Employees
1 Full-time
Utilize one part time employee during tax season for filing etc
Facilities & Assets
Leased facility is 2 officew, filing room, reception area and shared coffee/conference roo,
Market Outlook / Competition
The practice is located in Coos County Oregon in North Bend, Oregon alongside its sister city of Coos Bay, Oregon. The population in the two cities is approximately 26,000 with another 20,000 in the remainder of the county. There are a few larger tax practices with 3-8 fulltime CPA's and about 5 other sole proprietors in the area. Currently, there are three CPA's contemplating retirement so there should be a lot of clients to be acquired in addition to this tax practice.
Opportunities for Growth
Given the age demographics of the current CPA's in the area, there is ahuge potential for expanding on this practice. Historically, I turn away 50-75 clients per year. But, being a sole proprietor, I can only prepare a certain number of tax returns. A potential sole proprietor willing to hire other accountants could increase the clientele substantially.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,000
Rent
$1,000 per month
Lease Expiration
12/31/2030
About the Sale
Seller Motivation
I am 70 years old and want to retire.
Transition Support
Tax and accounting practice should be able to not require training. all historical tax files and Quick Books files are on the computers being sold with this practice. There are currently no payroll clients but a new buyer could certainly build that part of the practice up if wanted
Financing Options
$25,000 down payment at closing and $50,000 annually pai out of revenue generated
Listing Info
ID
2531309
Listing Views

Listing ID: 2531309 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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