● Nonprofit niche with 20+ years of referral-only growth from auditors and tax accountants ● Subscription-based billing with ACH auto-pay, resulting in virtually no accounts receivable ● $512,697 cash flow at a 34% margin in 2025 ● Two minority partners providing transition continuity through 2027 Founded in 2004, this fully virtual bookkeeping and accounting firm has built a loyal client base entirely through referrals from auditors, tax accountants, and satisfied clients over more than 20 years. The practice specializes in serving nonprofit organizations, with the majority of client revenue between $500K and $3M, and operates on a high-touch, relationship-driven service model that pairs a CPA with a bookkeeper on every engagement. Revenue has grown consistently year-over-year, from $1,290,414 in 2023 to $1,525,509 in 2025, with a 2026 projection of $1,600,000. Seller cash flow is $512,697 in 2025. The firm operates on a subscription-based billing model with ACH auto-pay, resulting in virtually no accounts receivable and highly predictable monthly cash flow. Average monthly bookkeeping fee across 50 clients is $30,510 annually per client. Ideal Buyer: The ideal buyer is an experienced accounting professional or an established firm with working knowledge of nonprofit accounting and the operational infrastructure to absorb a multi-client remote practice. Prior experience managing a portfolio of concurrent client relationships is important, as the work requires efficient context-switching across clients and deadlines. A mid-size firm with existing back-office systems and senior leadership capacity would be well-positioned to absorb this practice and capture the nonprofit 990 filings and other tax work currently referred to outside providers.
#5375 - Colorado - VIRTUAL
| ref | state | location | annual gross $ | status | private sale / broker |
|---|---|---|---|---|---|
| 5375 | VIRTUAL | Colorado | $1,455,509 | new | Poe Group Advisors |
