Successful accounting and consulting practice in Florida

With over 300 clients, this small accounting firm continues to grow top line revenue while enjoying good margins. Growth opportunities abound by adding book keeping resources to existing tax planning and prep as tax consulting continues to be in high demand. More than a tax preparation service, this company has strong relationships with corporate clients and provides tax guidance on major purchases, benefit policies, and retirement plans, in addition to CPA-level consultation services regarding asset allocation, GAAP compliance, quality of earnings analysis, etc. Owner is selling to shed front office responsibilities and plans to stay with the business to continue growing relationships with existing clients and acquiring new clients. And as the tax code evolves, revenues for accounting services continue to be very durable.
• Company serves over 100 corporate clients, with no client larger than 5% of revenue
• Building is located on major thoroughfare and is available for lease
• Seller is well-established in local community for over 25 years

Financial Highlights:
• Top-line revenue of $435k with Adjusted EBITDA of $154k
• Steady revenue with minimal resources: Accounting practice has grown as local businesses grow.
• Healthy Mix between Corporate and Individual Clients: All clients are “clients for life”, resulting in steady and predictable income.
• Limited Competition Resulting in Durable Income: Local competition is scarce, and margins are strong.
• Geography is Healthy and Steadily Growing: Companies are moving into this FL county and bringing high-paying jobs, resulting in growing population and per-capita income.