Tax Preparation, Accounting, and Payroll Services Firm for Sale

Price: $125,000

Location: Cottonwood, AZ

Industry: Accounting

Listing ID: 8014

Listing Description

Tax Preparation, Accounting and Payroll Services Firm for sale in Cottonwood, AZ. This Firm has been in business since the early 80’s and is now looking for a new owner. This Practice has had stable income over the years but the owner in unable to continue going forward.

Revenue through 6/30/2020 includes:

• 46% – 1040 Tax Preparation
• 1% – 1041 Tax Preparation
• 7% – 1065 Tax Preparation
• 7% – 1120 Tax Preparation
• 5% – 1099 Preparation
• 24% – Bookkeeping & New Business Setup
• 1% – Audits and Corporate Reports
• 4% – Payroll Services
• 5% – Sales Tax Reports

Seller is looking for an existing firm to take over but is willing to work with a Buyer who may be looking to start a new Practice in the area. The Seller is willing to structure the purchase in a way that can get a new firm off the ground right away!

Listing Details

Down Payment: $25,000

Total Sales: $144,311

Cash Flow: $116,800

Terms and Conditions?:

Financing: $25k down; 80% Carryback @ 4% for 5 Years

Operation

Year Established: 1984