REF | STATE | LOCATION | ANNUAL GROSS $ | STATUS | PRIVATE SALE / BROKER |
---|---|---|---|---|---|
4739 | GA | Virtual Firm | $2,041,000 | sold | Poe Group Advisors |
This incredibly profitable accounting firm operates with a fully remote team and client base. It offers bookkeeping, payroll, and part-time CFO support as well as other outsourced accounting services. The practice, which is well-known for going above and beyond for its clients, specializes in helping them navigate financial difficulties, especially following unpleasant experiences with other service providers. The secret to the firm’s success lies in its outstanding employees, which include more than ten knowledgeable and self-sufficient experts who are loved by their clients. Revenue sees a steady increase year after year and client fees are increased between 5-10 percent annually.
Firm Highlights:
-The current owner enjoys roughly 6 weeks off per year and works approximately 700 hours.
-Tax work is referred to other CPA firms.
-The firm provides highly profitable and sought after services.
-There is a large, capable team in place.
Ideal Buyer:
The ideal buyer should have experience managing a remote firm and team. A buyer with an already established firm would do well to absorb the current client base and staff to increase their revenue and cashflow. The buyer should have at least 7 years of experience in the accounting profession. Buyer should be committed to maintaining the staff and continuing to help businesses meet their goals.
For more information please visit:
https://poegroupadvisors.com/practice/fc2029/
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