Sale Pending – Virtual Possible Youngstown Area Accounting & Tax Firm

Asking Price$475,000

Cash Flow
$237,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$478,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Sale Pending – Virtual Possible Youngstown Area Accounting & Tax Firm


Asking Price$475,000

Cash Flow
$237,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$478,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
**REDUCED PRICE** This four-decade firm is thriving, generating revenue of $478,000 in 2024 with ~50% or $237,000 returned to the owner. Business tax and accounting services make up almost 77% of revenue with much of it being monthly or quarterly accounting work. The right Buyer could gradually make this firm virtual but would initially need to regularly spend time on site.

Concentration is low with no single client representing over 10% of Revenue. The staff is in place with one other well-qualified CPA plus an experienced Office Manager and Receptionist.

Staff are aware of the sale and are likely to continue with a new owner.

This practice is a perfect opportunity for a CPA to strike out on their own or it could also be a great addition to an existing firm looking to take the firm into its next chapter of growth. The seller will assist the Buyer in transitioning clients and is interested in continuing to work at the firm up to 30 hours per week.
About the Business
Years in Operation
45
Employees
3
About the Sale
Seller Motivation
Retirement Age
Listing Info
ID
2168087
Listing Views
2438

Contact Seller

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Business Listed by: Joshua Dennis ABA Advisors, LLC

Listing ID: 2168087 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.