MergerPlace

Litchfield County Accounting firm

Connecticut (Litchfield)


  • Asking Price: $365,000
  • Gross Income: $326,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #216184
  • Established: Not Disclosed
  • Employees:

Business Description

This is an established bookkeeping and tax practice with dedicated staff and a diverse client base. Clients are incredibly loyal, and many have been with the firm for several years. The core practice is small business clients from a range of industries including various construction-related trades, service industries, not-for-profits and real estate, as well as individual tax clients.
The firm has a solid marketing strategy and the revenue trend is growing. Cash flow to owner is 45%+. Clients are generally billed by the hour with a minimum fee. Quick Collect has most clients paying on time.
The office culture is relaxed but professional and efficient. Staff are knowledgeable and highly capable of carrying out their assigned duties. Procedures and software are in place to ensure efficient workflow and quality control. Most business clients submit their work digitally with an in-person follow-up session. Individual tax clients come to the office.
The practice enjoys an excellent reputation for great client service, and strong client relationships. The staff work hard to ensure that each client feels valued and cared for. The firm has a strong community presence with many connections for the buyer to take advantage of.


Business Details

Primary Business Category: Services - Accounting & Tax
Location: Connecticut
County: Litchfield

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $365,000
Gross Revenue: $326,000
Seller Financing Available: No

Property Information

Reason for selling:

Retirement

Contact Business Seller

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Business Listed By:

Darryl Boyd

Poe Group Advisors