Tax Preparation Business

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Tax Preparation Business
Asking Price:
$156,500

Gross Revenue:
$109,592
Cash Flow:
$81,038
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$2,000
included in asking price

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Business Description

The Company provides a full range of accounting services which include basic bookkeeping, payroll, invoicing and payable as well as sales tax preparation along with reviews and consultations. Tax services include preparation of tax returns for individuals, corporations, partnerships and trusts.

About the Business

Year Established:
2001
Number of Employees:
1 FT
Relocatable:
Yes
Real Estate:
Leased
Facilities:
The Company occupies leased facilities in a busy part of town on a well traveled street.
Market Outlook/
Competition:
Many competitors exist in this industry including local, regional and national firms such as H&R Block, Liberty Tax, etc., however the Company is well entrenched with its client base and enjoys a much better than industry average retention rate.
Growth & Expansion:
The Company is solidly entrenched with its client base and has turned new business away.
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About the Sale

Reason For Selling:
The owner is ready to scale back from the demands of full time work.
Training/Support:
Will train for 4 weeks @ no cost.
Knowledge of accounting, bookkeeping, payroll and tax preparation is essential to the operation of this business. A CPA designation is a plus.

Listing Info

ID:
1435352
Ad Detail Views:
523

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Business Listed by

Scott Belden

Murphy Business & Financial Corporation

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Source: American Community Survey (2010-2014), United States Census Bureau.

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