REF | STATE | LOCATION | ANNUAL GROSS $ | STATUS | PRIVATE SALE / BROKER |
---|---|---|---|---|---|
4471 | AZ | N Scottsdale | $580,000 | sold | Berkshire Business Sale & Acquisitions |
This North Scottsdale Accounting Practice has kept overhead low and the cash flow margin high. The majority of the firms revenue comes from a well diversified tax base and regular monthly bookkeeping adds approximately $150,000 in annual revenues each year. The firm is approximately 60% tax with the balance coming from bookkeeping, accounting and consulting. More than half of the revenue is generated from business entities. Lease expense is less than $1,000 per month with a small 800 sq/ft footprint. There is other space available within the same complex if you are looking for more square footage. In 2022 the firm had seller discretionary cash flow of $450,000 on just $580,000 of recurring revenue. This firm is growing with the last three years producing $400k, $478k and $580k in recurring revenue. Don't miss out on this growing accounting firm with its' lucrative cash flow. Asking $725,000.
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