#5261 - Phoenix - ARIZONA

The firm has a small footprint that is perfectly situated centrally within the Phoenix, Arizona metropolitan area. This is practice is located just outside of the Paradise Valley and Scottsdale areas of the Phoenix MSA and can service the entire valley. The firm is very balanced with 46% in monthly accounting work, 50% in tax compliance and 4% in other services. There are major growth opportunities all around. The firm has an SDE of near 50% and EBITDA near 40% creating plenty of cash flow to support an acquisition. We are asking for a 4.28 multiple on EBITDA of $525,800 or $2.25M. The firm is owned and operated by two CPAs. While the operators are CPAs they run this as an accounting firm (not a CPA firm). Both principals are willing to stay on and help transition the practice. They will both work within the tax division for market based pay if the buyer desires them to stay on and can stagger their exit over two years.