MergerPlace

Tax Preparation Business

Arkansas


  • Asking Price: $156,500
  • Gross Income: $109,592
  • Cash Flow: $81,038
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $2,000
  • Listing ID: #202927
  • Established: 2001
  • Employees: 1 FT

Business Description

The Company provides a full range of accounting services which include basic bookkeeping, payroll, invoicing and payable as well as sales tax preparation along with reviews and consultations. Tax services include preparation of tax returns for individuals, corporations, partnerships and trusts.


Business Details

Primary Business Category: Services - Accounting & Tax
Location: Arkansas

Company Information

Year Established: 2001
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 1 FT

Financial Information

Asking Price: $156,500
Gross Revenue: $109,592
Cash Flow: $81,038
FF&E: $2,000
Seller Financing Available: No

Property Information

Facilities:

The Company occupies leased facilities in a busy part of town on a well traveled street.

Growth & expansion opportunities:

The Company is solidly entrenched with its client base and has turned new business away.

Competition:

Many competitors exist in this industry including local, regional and national firms such as H&R Block, Liberty Tax, etc., however the Company is well entrenched with its client base and enjoys a much better than industry average retention rate.

Reason for selling:

The owner is ready to scale back from the demands of full time work but is willing to work for a new owner on a part-time basis especially during tax season.

Support & Training:

Will train for 4 weeks @ no cost. Knowledge of accounting, bookkeeping, payroll and tax preparation is essential to the operation of this business. A CPA designation is a plus.

Contact Business Seller

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Business Listed By:

Scott Belden

Murphy Business Brokers