|REF||STATE||LOCATION||ANNUAL GROSS $||STATUS||PRIVATE SALE / BROKER|
|4250||AZ||Phoenix||$500,000||sold||Berkshire Business Sale & Acquisitions|
Phoenix-based CPA firm with 57% Cashflow margin! This cloud-based CPA firm located in the Ahwatukee area (Phoenix Arizona) has been in continuous operation for the last 22 years. The client book is filled by high-value businesses, with roughly two-thirds business services and one-third individual tax returns. Two employees will transfer with the sale. One is a part-time contractor who handles a handful of large business clients and the other is a full-time salaried CPA. The Transferring CPA is young, extremely capable, and would love to enter into a partnership with the buyer as a minority partner to begin to build his own equity in the firm. He is a self-starter, needs little direction, and has the capacity to handle a large portion of the workload. The only thing better than having an employee like this is turning them into an owner/partner to help build out this wonderful firm.
The Seller is asking for $562,500 on $500,000 of 2022 forecasted revenue.