Rare Opportunity – Profitable CPA Business

Washington

Seller Financing Available

listing image
Asking Price:$1,000,000
Rent:$300/Month
Established Year:2015
Cash Flow:$328,507
EBITDA:$132,926
BUSINESS DESCRIPTION

Business Description
In the realm of exceptional business prospects, this CPA firm, with its roots in the bustling city of Seattle, shines brightly as a standout performer. It stands proudly on the pillars of Integrity, Reputation, and Commitment and has embarked on a phenomenal journey of success.

Key Highlights of This Exceptional CPA Business:

Financial Triumph: In a testament to its financial prowess, this virtual CPA firm has achieved an astounding 166% increase in Seller's Discretionary Earnings (SDE) from 2020 to 2022. Moreover, its revenue has surged by a remarkable 30%, reflecting its impressive growth trajectory.

Steady Revenue Surge: With a track record of consistent revenue growth, this CPA business provides a stable and lucrative investment opportunity.

Location Independence: Out of the total 130 Clients, 98% are return clients and less than 10% request an In-Person meeting which allows the business to be flexible. So the business can be operated from anywhere for the majority of the year as long as they have Wi-Fi and a Laptop.

Turnkey Operation: Established over a decade ago, this CPA business is fully equipped and ready for a new owner to seamlessly assume the reins of operation.

Digital Expertise: Operating exclusively in the digital realm, this business leverages cutting-edge technology and online tools to serve clients with utmost efficiency and precision.

Comprehensive CPA Services: Offering a comprehensive array of CPA services, this business caters to a diverse range of client needs, spanning across Seattle and beyond.

Boundless Growth Potential: The demand for expert CPA services knows no bounds. From intensifying marketing efforts to exploring new service avenues, the growth potential here is virtually limitless. Valuable Digital Assets: The sale encompasses valuable digital assets, ensuring a seamless transition and establishing a robust foundation for future expansion.

Greater Seattle Connection: This business maintains strong ties to the Greater Seattle community, having earned the trust and loyalty of its client base.

Client-Centric Approach: At the heart of its philosophy lies the belief that "Client Success Equals Our Success," driving an unwavering commitment to delivering top-tier service. This is an extraordinary opportunity to become your own boss and take the helm of a CPA business with a remarkable track record of success. With a steadfast commitment to clients and a history of exponential growth, this business is your gateway to financial prosperity.


DETAILED INFORMATION
Location
Washington
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
150
Employees
5
Facilities
Owner offices in Co Working space on month to month lease.
Competition
Numerous small sized accounting practices in the market.
Growth & Expansion
Continue to invest in digital marketing strategies, and boost the tax advisory, tax resolution, and entity structure transition services.
Financing
Finance up to 10% of purchase price.
Support & Training
To be determined.
Reason for Selling
On to the next adventure
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Regan Tritler
Mohr Partners
Regan Tritler