|REF||STATE||LOCATION||ANNUAL GROSS $||STATUS||PRIVATE SALE / BROKER|
|0724||AZ||Chandler||$436,296||sold||Berkshire Business Sale & Acquisitions|
This Accounting/tax services firm boasts multiple and diversified revenue sources including; accounting, payroll, tax and CFO support services for small businesses as well as affiliations with Financial Planners and HR service firms.
Started in 2002, this East Valley Virtual CFO/Accounting Firm benefits from over 150 small business clients with offerings of multiple services, including a full payroll service bureau and over 340 individual and business tax returns. Created to serve the small business, this practice has been growing in each of the last 10 years, has ample infrastructure for expansion is fully staffed and turn-key. The principal is flexible as to involvement in the firm after sale.
Flexible lease options will allow an assignment or a move to other locations.
Stated cash flow is from 2012 and 2013 YTD comparison shows yet another year of growth in 2013.
2100 Square Feet with 4 offices, a conference room and large storage room. Flexible lease options allow practice to be moved within reason. All workstations and networked server are less than 3 years old.
Lots of competition but one only a few firms located in the SE Valley.
Completely turn key, the current principal does not complete the work and has individual departments and department managers. The firm is currently overstaffed and ready for significant expansion.
Up to $247,000
Seller is willing to negotiate support and training and remains flexible as to his involvement after sale.
Asking Price: $495,000
Gross Income: $436,296
Cash Flow: $178,769