Sunshine State CPA Accounting Firm fast growing and wealthy area!
| Asking Price: | $1,395,000 |
| Gross Revenue: | $1,282,000 |
| FF&E: | $15,000 |
| Cash Flow: | $339,000 |
| EBITDA: | $265,000 |
| Established Year: | 2013 |
Successful and growing CPA firm that does 40% income tax and 60% write-up and accounting-related work. A wide range of corporate, non-profit, and individuals served as clients. Exceptional reputation. The team is cross-trained and each client has a relationship with three employees.
Recurring revenue with very high client retention. No active marketing as business is boom and reputation is stellar so they are very selective about adding clients. Modern accounting software including CCH and other tools. Significant untapped potential is limited by the principal's desire to retire soon. Well-established brand reputation and foundation for a new owner to double or triple the business over the next five years. The seller is willing to stay on for up to a year for a smooth transition with plenty of time to train and transition relationships. Some possibility of the owner staying on to do limited contract work after that first year.
Important Update: The firm just implemented a price increase on Dec 1st projected to increase annual revenue by $250,000 for 2025 with no expense increase.
Buyers are required to provide proof of financial ability, relevant experience, and credentials. Requirements:
1. The buyer must live in the community where the practice is located.
2. Buyer must have a CPA license and own at least 51%
