Hot Listing
Ft Myers Accounting Firm for Sale
Business Description
ESTABLISHED ACCOUNTING & TAX PRACTICE - FORT MYERS, FL
This profitable accounting and tax practice presents an excellent acquisition opportunity for practitioners looking to expand their client base or enter the Southwest Florida market. Established in 2017, the firm has built a solid foundation with consistent revenue and strong client relationships.
FINANCIAL PERFORMANCE:
- Annual Revenue: $275,000
- Cash Flow (SDE): $100,000
- EBITDA: $100,000
- Asking Price: $275,000 (1.0x revenue multiple)
- Current operation as absentee-owned business
OPERATIONAL DETAILS:
- Location: Fort Myers, FL (Lee County)
- 1,050 sq ft leased space at $1,350/month
- Lease term through August 2025
- 2 dedicated employees
- Mixed service offering: accounting and tax preparation
- Client base built entirely through referrals
GROWTH OPPORTUNITIES:
- Significant potential to increase profitability with owner-operator involvement
- Current fee structure below market rates with room for optimization
- No active marketing currently employed - untapped potential
- Fast-growing Southwest Florida market provides expansion opportunities
- Established client relationships provide stable foundation for growth
TRANSITION SUPPORT:
- Seller committed to providing support through initial tax season
- Existing staff willing to remain during transition period
- Smooth handover process for client relationships
This turnkey opportunity offers immediate cash flow with substantial upside potential through active management, fee optimization, and strategic marketing initiatives. The practice serves the growing Fort Myers market with an established reputation and loyal client base.
Ideal for:
- Existing practitioners seeking to expand
- New market entrants
- Investors seeking stable cash flow with growth potential
Seller retiring after building successful practice over 7+ years.
This profitable accounting and tax practice presents an excellent acquisition opportunity for practitioners looking to expand their client base or enter the Southwest Florida market. Established in 2017, the firm has built a solid foundation with consistent revenue and strong client relationships.
FINANCIAL PERFORMANCE:
- Annual Revenue: $275,000
- Cash Flow (SDE): $100,000
- EBITDA: $100,000
- Asking Price: $275,000 (1.0x revenue multiple)
- Current operation as absentee-owned business
OPERATIONAL DETAILS:
- Location: Fort Myers, FL (Lee County)
- 1,050 sq ft leased space at $1,350/month
- Lease term through August 2025
- 2 dedicated employees
- Mixed service offering: accounting and tax preparation
- Client base built entirely through referrals
GROWTH OPPORTUNITIES:
- Significant potential to increase profitability with owner-operator involvement
- Current fee structure below market rates with room for optimization
- No active marketing currently employed - untapped potential
- Fast-growing Southwest Florida market provides expansion opportunities
- Established client relationships provide stable foundation for growth
TRANSITION SUPPORT:
- Seller committed to providing support through initial tax season
- Existing staff willing to remain during transition period
- Smooth handover process for client relationships
This turnkey opportunity offers immediate cash flow with substantial upside potential through active management, fee optimization, and strategic marketing initiatives. The practice serves the growing Fort Myers market with an established reputation and loyal client base.
Ideal for:
- Existing practitioners seeking to expand
- New market entrants
- Investors seeking stable cash flow with growth potential
Seller retiring after building successful practice over 7+ years.
About the Business
- Years in Operation
- 8
- Number of Employees
- 2
- Facilities & Assets
- Office is located on busy street with signage exposure. Office has three private offices, conference room, reception area and private bathroom facilities. Firm utilizes Thomson Reuters UltraTax and QuickBooks as the primary software.
- Market Outlook / Competition
- Fast growing market in a fast-growing area of Ft Myers, Florida. Current fee structure has room to be increased to meet market.
- Opportunities for Growth
- SDI and EBIT can be increased significantly with the buyer working in the business, eliminating the wages paid to existing professional. Fee structure is low for existing market. Currently the firm does not market the business, all new business is from referrals.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,050
- Rent
- $1,350.00 per month
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Absentee owner is willing to continue support through initial tax season. Existing staff willing to stay on, as needed, for initial tax year.
Listing Info
- ID
- 2391591
- Listing Views
- 831
Listing ID: 2391591 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.
Businesses for SaleFlorida Businesses for SaleFlorida Professional Service Businesses for SaleFlorida Legal & Accounting Businesses for Sale