REF | STATE | LOCATION | ANNUAL GROSS $ | STATUS | PRIVATE SALE / BROKER |
---|---|---|---|---|---|
4512 | AZ | Scottsdale & Phoenix | $766,000 | sold | Berkshire Business Sale & Acquisitions |
The firm is asking for $814,000 on $766,000 of revenue. This desirable location is home to great demographics for expansion, and the firm comes with several flexible acquisition opportunities that make it a perfect fit for qualified buyers. Roughly 70% tax and 30% accounting services, the business revenue is equally weighted between business and individual services. The cashflow of $402,000 gives this firm a respectable 52% margin!
This business is currently part of a cost-sharing partnership. The minority partner is also willing to sell and remain as a manager or managing partner for the combined firm. This would add an additional 188,000 of revenue to the proposed transaction listed below. The seller is flexible and is open to non-CPA buyers, providing his exit goals can be accomplished. Operators with EA or CPA credentials, wealth management, aggregators and private equity are all invited to review.
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