This high-growth tax firm has experienced an annual growth rate of 19% over the past three years. With seller discretionary cash flow at 54%, and EBITDA at 42%, the practice is performing exceptionally well. Utilizing cloud-based technology and technical staff to deliver services virtually, the firm maintains a traditional real estate feel for clients who require more time to adapt to new technology. The majority of revenue is generated from tax compliance, with lucrative average tax return pricing.
Located in a rapidly growing area within the Phoenix, Arizona MSA, the principal is requesting $1,750,000 based on $1,400,000 of anticipated revenue for this year. Operating from leased space on a month-to-month basis, the firm offers a unique opportunity for those seeking semi-virtual or completely virtual operations. The principal intends to retire but is prepared to remain for up to a year to assist with tax return review and ensure a smooth transition. There may be an opportunity to retain the principal in a part-time role in future years.
