Tax Service Business #392
Tennessee
Asking Price: |
Gross: |
Cash Flow: |
$275,000 |
$163,458 |
$86,434 |
Furniture and Fixtures Value:
$26,000 (included in the asking price)
Inventory Value:
$2,000 (included in the asking price)
Real Estate:
$125,000 (included in the asking price)
Business Summary:
This business was established in 2004 when the owner bought a small customer base and the building she is in from the previous owner, who had it for five years prior. She changed the name, began advertising and many of her previous clients came back to her. She and her small staff have attracted many bookkeeping and payroll accounts, as well as the regular very busy tax season business. The area need for payroll, accounting and business services is constantly growing and offers a great opportunity for someone with an accounting degree or CPA certification. Not desiring to have the business overwhelm her life, she has turned away a lot of commercial accounts and corporate work since there is no CPA on staff, so there is ample business growth for someone to multiply its current growth within a relative short period of time. Assets include $2,000 of inventory, $125,000 of real estate and $26,000 of equipment, fixtures and furnishings, located in Northwest Tennessee, Asking $275,000. Ask for portfolio #0392
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