|REF||STATE||LOCATION||ANNUAL GROSS $||STATUS||PRIVATE SALE / BROKER|
|4379||DC||Fully Cloud||$510,793||available||Poe Group Advisors|
This is a top-notch book of clients for sale that utilizes the best of technology to create highly effective operations and a streamlined process. Clients are monthly subscription-based clients. The services include bookkeeping, accounting and taxes for 2 niches. There is a steady stream of revenue year round with excellent cash flow to owner averaging 60%. All systems and the team are set up to easily and quickly scale for an entrepreneurial buyer. There are defined procedures for all work allowing for a streamlined and frictionless experience for clients.
As a full-cloud book of clients, management is done virtually. One of the most impressive facets of this practice is the team and organizational structure that the owner has built; proven, highly effective, engaging, and reliable. It is very rare to find any practice that is as well operated, systematic, and scalable. The owner has designed every facet of the business to facilitate very high efficiency, productivity, and results. A tailored role-based organizational chart allows the work to be handled and managed with minimal owner involvement. Owner hours are approximately 50-200. Little time is required for day-to-day business management. The processes are key to this practice. The owner has curated and integrated an incredible process that provides industry-leading value to clients, along with very high efficiency and production. The book of business is easily scalable with high margins and focus on clients that are modern and technologically savvy businesses.
Turnkey– documented and standardized procedures
Low owner hours – 150 -200
Very high client satisfaction – NPS of 89; and all 5-star Google Reviews
High value clients that are entrepreneurial and desirable, industry focus on two niches
Several employees including some overseas
Combination of the best of technology, highly effective operations, along with very capable and reliable staff to produce accurate and timely results for clients.
This rare book of business has been built to operate primarily on its own. With the virtual environment, and technology as the basis of operation, transfer to a new owner is set to be very seamless. The ideal Buyer will be business savvy, a proven leader, and will have strong experience in operations and strategic business development. The framework, and hard work, have been accomplished. An ‘execute and repeat’ structure is fine-tuned and polished. The model and immediate scalability require a Buyer who is capable of managing growth. CPA is required. A buyer with strong core values, focus on quality control and systems will excel in this practice. Functionally, the ideal Buyer will be very progressive and forward-thinking, an embracer of technology, an embracer of talent. ‘Traditional’ will not be in the Buyer’s vocabulary.