This San Jose/Silicon Valley Metro Area firm provides comprehensive outsourced accounting, bookkeeping, controllership, and advisory services to small businesses, start-ups, venture capital firms, and non-profits. This includes capture and analysis of transaction data & preparation of financial reports. The firm does not prepare, file, or defend tax returns.

Whether a prospective client is starting a new business and needs a little help setting up a user-friendly accounting system — or is a well-established company that wants to outsource some or all of their accounting department, this business has a solution.

In business for 20 years, the firm provides a broad spectrum of financial services for small businesses, non-profit entities, venture capital firms, and start-ups. The business operates from leased offices (2,954 sq ft) in a major metropolitan business center at a monthly rent of approximately $12,200.00.

The staff consists of six controllers with impeccable credentials and decades of experience: 4 full-time (including the owner) and 2 part-time. (The owner would be interested in staying on as an employee at the buyer’s option.)

Annual sales for 2024 were $1,171,932. Seller’s Discretionary Earnings (SDE) were about $240,000. Four years of tax returns and P&Ls will be provided to the serious buyer.
The company provides a broad spectrum of services:
— Bookkeeping: QuickBooks, payroll, bank reconciliation, A/P, A/R, E-commerce accounting.
— Controller functions: Budgeting, accounting controls, financial reporting, financial review & analysis, relationship management.
— Advisory consulting: Board presentations, accounting and financial tools, key metrics, software assessment, and strategic planning.

The Transaction: The seller is open to all reasonable offers and terms.
The business is being offered for $879,000, approximately 73% of annual sales. This would include all assets used in the business, except accounts receivable, cash-on-hand, and leasehold security deposits. This is for the entire business, including, as applicable, the business name, trade names, trademarks, proprietary methods and procedures, any other intellectual property, customer lists, vendor/supplier information, sales backlog, goodwill, tangible assets, (tools, apparatus, furniture, fixtures, and equipment). A definitive list of assets will be included in any purchase agreement and will supersede this list. It does not include cash, accounts payable*, accounts receivable, or security deposits. (*Seller is responsible for A/P and payroll through the date of Closing.)

Exclusive Broker: Tim Cunha, J.D., Cal. DRE #01919755

Note: All data on this business are provided by the Seller for information purposes only, and no representations are made by the Broker as to accuracy. The Broker has not independently verified the data contained herein. The Broker represents the Seller and does NOT represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of professionals prior to purchasing the Business.