MergerPlace

CPA Practice with Lucrative Specialty

Florida (Lee)


  • Asking Price: $184,000
  • Gross Income: $107,712
  • Cash Flow: $92,142
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #215821
  • Established: 2012
  • Employees:

Business Description

Profitable accounting practice. In addition to a variety of business clients, the owner has developed and documented, processes and systems to work with non-profit corporations (NPCs). These services organize the financials for NPCs to equip them to pass the several audits and reporting that is required when involved with Federal, State and other grants and funding. No tax, or bookkeeping services. Business is scalable and growing quickly, to the point the owner must hire help to keep up.


Business Details

Primary Business Category: Services - Accounting & Tax
Location: Florida
County: Lee

Company Information

Year Established: 2012
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $184,000
Gross Revenue: $107,712
Cash Flow: $92,142
Seller Financing Available: No

Property Information

Facilities:

Current owner works at home. Meetings and coordination is handled at the client's location.

Growth & expansion opportunities:

Current business represents 6 accounts, within a specific market of over 80 similar businesses. In addition, these systems could be applied to an unlimited number of Non-Profit organizations and other businesses. This practice already enjoys more business than 1 person can handle. Current CPA will share current practices and provide introductions to key people to enhance continuing growth.

Competition:

Owner has identified a niche market which is not typically serviced by accountants. Current owner is referring clients away due to growth and an abundance of interested prospective clients.

Reason for selling:

Business is growing quickly due to specialty market. Rather than build staff and develop larger practice, owner has accepted an executive role with a company.

Support & Training:

Will train for 2 weeks @ no cost. CPA Practice focused on businesses and non-profit organizations. No tax work, audit, or bookkeeping. Have established reputation for providing consulting, preparation for Board meetings, establishing systems and processes.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Mark Purtee

Murphy Business Brokers