MergerPlace

Tax Preparation

Missouri


  • Asking Price: $75,000
  • Gross Income: $62,376
  • Cash Flow: $34,937
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $2,000
  • Listing ID: #197706
  • Established: 1981
  • Employees: 1 FT

Business Description

Tax preparation service in business since 1981. Many repeat clients.


Business Details

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

Company Information

Year Established: 1981
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 1 FT

Financial Information

Asking Price: $75,000
Gross Revenue: $62,376
Cash Flow: $34,937
FF&E: $2,000
Seller Financing Available: No

Property Information

Facilities:

The business operates from leased commercial space located on a major thoroughfare. The lease rate is $1000/month, with the lease expiring in December 2017.

Growth & expansion opportunities:

As tax regulations change there will most likely continue to be a need for tax preparation services. Growth in revenue could occur as some clients move from simpler to more complex tax returns.

Competition:

There is much competition in this industry from national franchises to local accounting firms however this is an established business with repeat clients.

Reason for selling:

Owner is ready to retire.

Support & Training:

Will train for 4 weeks @ no cost. Tax preparation skills are necessary.

Contact Business Seller

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Business Listed By:

Scott Belden

Murphy Business Brokers