|REF||STATE||LOCATION||ANNUAL GROSS $||STATUS||PRIVATE SALE / BROKER|
|3533||CA||Cloud||$284,250||available||Poe Group Advisors|
This is a cloud-based firm with a brick-and-mortar office located in California between Los Angeles and Las Vegas. The firm is currently managed from Texas with clients all over the United States and a few international. The employees work from home with one part-time admin in the California office. The client base consists of small business clients and individuals. Many of the individuals are active and retired military, government contractors, scientists, and engineers. Bookkeeping, payroll, and tax can be bundled and paid through automatic draft monthly. Other services including tax preparation are paid at the time of completion, usually by credit card.
The staff in place are tech-savvy professionals with great client relationships. They are loyal, long term and work independently. This firm enjoys a reputation for being innovative, responsive, and for providing great service. There is an opportunity to add other services including tax planning and advisory services. 2021 income is projected at $325,000 through an increase in fees and focus on adding new clients. This firm has tremendous opportunity to grow outside the geographic boundaries of the local office.
Buyer must be forward-thinking, open-minded, and enthusiastic about running a firm that takes an innovative approach to working with clients remotely. Buyer needs to have good public accounting experience with an emphasis on great client service. Buyer will be tech-savvy and excited to grow this kind of business.