CO1030: This highly efficient Colorado based virtual payroll service business is a great find for a buyer with significant payroll service experience.
The business offers tons of growth potential and includes a stable staff and a nice cash flow to the owner. The employees work remotely using state of the art software with high performing technology and integrations that can pay US based and international employees, as well as contractors nationwide and internationally. Basic client payroll and software support is provided through partnering with Gusto, a top-tier payroll platform provider, and advanced payroll support is also provided.
With over 30 years of payroll industry experience, the seller is available to assist the buyer with the pricing structure to maximize the profit margin and review best practices for operations and onboarding new clients. Cross-selling opportunities exist for a buyer to offer their accounting, bookkeeping and/or income tax preparation services to the payroll clients. Additionally, the buyer can also offer these payroll services to their existing client base to increase revenues.
Revenues include: 100% Payroll and related services Asking: $855k
