|REF||STATE||LOCATION||ANNUAL GROSS $||STATUS||PRIVATE SALE / BROKER|
|3259||AZ||Tucson, AZ||$1,586,000||sold||Berkshire Business Sale & Acquisitions|
This traditional full service firm has excellent margins and a principal that is willing to transition with the firm for a few years to ensure excellent retention. Tax return preparation and compliance is the primary driver of revenue but a nice balance of accounting and consulting will round out this well diversified firm. The firm is asking $1,850,000 and the Seller is willing to carry up to 40% subject to retentive variables. The firm is growing 5% to 10% per year through organic referrals. They are looking for an acquisition or merger. The cash flow and revenue numbers are from the full year 2019. Excellent reputation, excellent internal staff, and excellent margins make for a lucrative opportunity.