REF | STATE | LOCATION | ANNUAL GROSS $ | STATUS | PRIVATE SALE / BROKER |
---|---|---|---|---|---|
4962 | IL | Virtual firm | $2,513,947 | available | Poe Group Advisors |
This is a unique chance to purchase a premier hybrid cloud CPA company with 5 locations across the US. This firm, which provides services including bookkeeping, payroll, sales tax, tax planning, and preparation, runs smoothly with a dependable, diligent, and remote-ready staff. This company is incredibly lean, focused on low operating costs while upholding excellent service standards thanks to a well-developed infrastructure and simplified processes. A lot of the work is divided among employees from all locations, enhancing efficiency.
Due to the focus on low operating costs, the owner’s cash flow has increased to about 40%+!
This company is perfect for a buyer looking for a well-established, efficiently operated business because of its devoted, experienced workforce and low owner hours. The seller wants to retire, so this is a great opportunity for the appropriate buyer to take over a profitable company that has room for growth. .
Highlights:
-Increase in cash flow to 40%+ and rising
-Owner hours only 1,600 per year!
-Highly profitable cloud firm poised and ready for growth
Ideal Buyer:
The ideal buyer should be capable of managing a remote team and overseeing a firm with virtual operations. An entrepreneurial buyer could easily expand the business by offering additional services, such as advisory, CFO, and controllership support, which are highly desired by the existing client base. The buyer should also be open to periodic travel to visit each location.
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