|REF||STATE||LOCATION||ANNUAL GROSS $||STATUS||PRIVATE SALE / BROKER|
|0675||AZ||Tempe||$636,760||sold||Berkshire Business Sale & Acquisitions|
Established in 1980, this firm has been undertaking returns and assisting small business clients for over 30 years, of which over 24 years have been at the same central East Valley location.
This firm generates $636,750 gross revenue, $330,000 cash flow and EBITDA of $197,575. The asking price is $720,000.
The profile of this business is approximately 68% tax and 32% bookkeeping and payroll. Around 800 returns were submitted in 2012. There are 8 employees and $40,000 FF&E (included in the asking price).
The firm is available for sale with a lease or purchase of the existing building and the operation is completely turn-key.
In terms of transition, the principal will work the next tax season with the buyer and will also be available after the next tax season on a part-time basis.
In terms of facilities, a 2200 square foot free standing building with multiple offices is available for lease or purchase.
This excellent location benefits from retail street frontage to a major North/South Arterial and is centrally located within the East Valley.
Seller will provide 50% financing @ 6.5% for 3 years
Reason for selling is part of an exit Plan for Retirement