Accounting Practice for Sale in Houston, TX

Asking Price$1,200,000

Cash Flow
$367,400
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$840,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Accounting Practice for Sale in Houston, TX


Asking Price$1,200,000

Cash Flow
$367,400
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$840,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Client & Revenue Profile

Accounting & Bookkeeping:

Monthly Clients: 10 | Avg Fee $2,300 | Total $23,000

Income Tax:

Individuals: 360 | Avg Fee $1,200 | Total $432,000

Businesses: 82 | Avg Fee $3,000 | Total $225,000

Other: 10 | Avg Fee $2,900 | Total $29,000

Other Services:

Advisory: $30,000

IRS Resolution / Tax Catch-up: $100,000

Total Gross Revenue: $840,000

Client Demographics:

50% small business owners (82 separate business filings)

200 individual clients (professionals, retirees)

Primarily Texas-based, with some out-of-state and international clients (Canada, Norway, Taiwan, Cayman Islands, Germany, Guatemala)

Client Delivery:

90% trained to use electronic document delivery (ShareFile) and e-signature (RightSignature)

Remote staff work 3 out of 5 days per week

SDE - $367,400

Asking Price - $1.2M
About the Business
Years in Operation
24
Currently Relocatable
Yes
Website
https://thrivefinancialgrp.com/buyer-profile/
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
2,500
About the Sale
Seller Motivation
Retirement
Listing Info
ID
2439866
Listing Views
48

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Business Listed by: Thrive Financial Group Thrive Financial Group

Listing ID: 2439866 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.