Looking to sell my local bookkeeping business in King County WA.

North Bend, WA
listing image
Asking Price:$162,452
Gross Revenue:$127,915
Rent:$1,362/Month
FF&E:$1
Cash Flow:$101,858
Inventory:$1,000
EBITDA:$93,000
Established Year:2013
BUSINESS DESCRIPTION

The Seller purchased the practice 10 years ago. From that point, the Seller has grown the firm with referrals from preexisting clients. The Seller has not done any local advertising. After implementing local advertising, tax revenue will increase. There are ample opportunities for expansion and growth. With the right vision and strategy, the new owner can tap into the growing demand for accounting services and explore additional service offerings. The Seller will perform reasonable transition assistance without compensation, to assist in an orderly and effective transfer of the practice to the buyer. Compensation for any billable time will be agreed upon prior to closing. We have a solid track record and client satisfaction. This is a rare chance to acquire a thriving bookkeeping firm in a scenic and economically vibrant location. The Seller desires cash at closing. The firm is located in an office facility of 840 square feet. The office facility is owned by the Seller. And it includes: two work stations, one reception station, full kitchen, full bath, a meeting room, storage and network room, and one owner office.


DETAILED INFORMATION
Location
North Bend, WA
Inventory
Included in asking price
Real Estate
Leased
Building SF
840
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Seller own building and lease to business
Competition
There are other bookkeeping business in town.
Growth & Expansion
The Seller has not done any local advertising. After implementing local advertising, tax revenue will increase. There are ample opportunities for expansion and growth. With the right vision and strategy, the new owner can tap into the growing demand for accounting services and explore additional service offerings.
Support & Training
The Seller will perform reasonable transition assistance without compensation, to assist in an orderly and effective transfer of the practice to the buyer.
Reason for Selling
Seller to scale down business
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Tristen
Tristen