|REF||STATE||LOCATION||ANNUAL GROSS $||STATUS||PRIVATE SALE / BROKER|
|3765||AZ||Paradise Valley/Scottsdale||$913,000||sold||Berkshire Business Sale & Acquisitions|
This lucrative CPA firm serves the incredibly affluent Paradise Valley (PV) &amp; Scottsdale, Arizona markets. The firm is full of entrepreneurial growth and wealth oriented clients. Paradise Valley has the some of the highest income and wealth demographics in Arizona and the nation. The current median list price for homes in PV is $4.6 million, with average household income greater than $350,000. The firm carries a reputation for expertise in the healthcare field and real estate taxation niche, with a commitment to personal service. The firm is asking $1,000,000 on $913.000 of full year 2020 recurring revenue. Year to date the firm is up $122,000 over a 2020 comparison.
This boutique CPA firm has excellent business clientele that drive a high proportion of business revenue tied to high net worth and entrepreneurial individuals. The firm also has roughly 50 monthly bookkeeping clients. This turns normal $2,000 annual clients into $8,000 to $10,000 annual clients and is the core of the firm.
The principal is open to different kinds of acquisition structures including a partnership.
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