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Well established accounting practice
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WELL ESTABLISHED ACCOUNTING PRACTICE - WESTMINSTER, CO
Established in 1996, this profitable home-based accounting practice offers an excellent opportunity for an experienced professional or someone looking to enter the accounting services industry. Located in Westminster, Colorado, this business has built a solid foundation over nearly three decades of continuous operation.
BUSINESS OVERVIEW:
Currently operating as a part-time venture, this practice serves six established local business clients, providing comprehensive bookkeeping and accounting services. The business model allows for flexible scheduling and includes some local travel to client locations.
SERVICES PROVIDED:
- Bank reconciliations
- Monthly and year-end journal entries
- Financial statement preparation
- Board and senior staff reporting
- Comprehensive bookkeeping services
FINANCIAL PERFORMANCE:
With annual revenue of $108,000 and seller's discretionary earnings of $210,766, this business demonstrates strong profitability and efficient operations. The financial performance reflects the value of long-term client relationships and specialized service offerings.
GROWTH POTENTIAL:
The retiring owner has intentionally maintained this as a part-time operation, creating significant expansion opportunities for a new owner. The business operates in a niche market with minimal direct competition, providing room for organic growth through additional client acquisition and conversion to full-time operations.
TRANSITION SUPPORT:
The seller is committed to ensuring a smooth transition, offering comprehensive training including a minimum of 160 hours of hands-on instruction. This extensive training period will cover client relationships, service procedures, and business operations.
FINANCING:
Seller financing is available with a down payment required and owner financing for the remaining balance, making this opportunity accessible to qualified buyers.
This turnkey accounting practice represents an ideal opportunity for someone seeking an established business with proven profitability, loyal clientele, and substantial growth potential in the stable accounting services sector.
Established in 1996, this profitable home-based accounting practice offers an excellent opportunity for an experienced professional or someone looking to enter the accounting services industry. Located in Westminster, Colorado, this business has built a solid foundation over nearly three decades of continuous operation.
BUSINESS OVERVIEW:
Currently operating as a part-time venture, this practice serves six established local business clients, providing comprehensive bookkeeping and accounting services. The business model allows for flexible scheduling and includes some local travel to client locations.
SERVICES PROVIDED:
- Bank reconciliations
- Monthly and year-end journal entries
- Financial statement preparation
- Board and senior staff reporting
- Comprehensive bookkeeping services
FINANCIAL PERFORMANCE:
With annual revenue of $108,000 and seller's discretionary earnings of $210,766, this business demonstrates strong profitability and efficient operations. The financial performance reflects the value of long-term client relationships and specialized service offerings.
GROWTH POTENTIAL:
The retiring owner has intentionally maintained this as a part-time operation, creating significant expansion opportunities for a new owner. The business operates in a niche market with minimal direct competition, providing room for organic growth through additional client acquisition and conversion to full-time operations.
TRANSITION SUPPORT:
The seller is committed to ensuring a smooth transition, offering comprehensive training including a minimum of 160 hours of hands-on instruction. This extensive training period will cover client relationships, service procedures, and business operations.
FINANCING:
Seller financing is available with a down payment required and owner financing for the remaining balance, making this opportunity accessible to qualified buyers.
This turnkey accounting practice represents an ideal opportunity for someone seeking an established business with proven profitability, loyal clientele, and substantial growth potential in the stable accounting services sector.
About the Business
- Years in Operation
- 30
- Employees
- 2 Part-time
part time for accounting services and part time office manager to do billings, p - Currently Home Based
- Yes
- Facilities & Assets
- There are no assets that will transfer to the buyer.
- Market Outlook / Competition
- This is a niche business with no competition and a opportunity to expand
- Opportunities for Growth
- New clients can be added. I kept the business part time but full time is possible.
About the Sale
- Seller Motivation
- I'm retiring and looking for a new person to take over my clients
- Transition Support
- Training will be provided to include at least 160 hours of training.
- Financing Options
- Down payment required, seller financing for balance.
Listing Info
- ID
- 2479291
- Listing Views
- 113
Listing ID: 2479291 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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