Accounting projects within 4 months
Monmouth County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $179,000 |
$224,338 |
$78,728 |
Furniture and Fixtures Value:
$35,000 (included in the asking price)
Business Summary:
Well-known Tax accounting firm practice for sale in Northern Monmouth County. Generally, tax practices sell for one times annual sales. Here gross sales are 224,000- selling price is 179,000 with only 85,000 down. Balance to be financed by seller with 2 year payout. This specific service is seasonal with most income coming within tax season. Although open all year there is not too income outside business during off season. There is a great demand for bookkeeping/accounting firm this type of year round income. Will give any buyer who places his selling challenge to the obtaining of new or old established business for bookkeeping services can realize great profits even during off season. Seller has positive income each month. At present no need for additional employees after tax season, by full bookkeeping services all year; this absence of additional employees will end.
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| Year
Business was Established: 10 |
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| Number of Employees:
5 PT |
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| Facilities / Terms of Lease:
In a major strip mall plenty of parking lot. Large office more than ample spaces for 5 staffs during tax season. |
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| Potential
Growth/Expansion:
Easy to expand into bookkeeping services with business arrival in Bayshore are of Monmouth- great demand for this type of service.
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| Competition:
Although there are several tax services available in area, this facility because of its advertising is the most well-known |
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| Owner
willing to finance:
Owner will take $85,000 down any financing of $94,000 – rate of interest negotiable. |
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| Owner
willing to train:
2 weeks – Seller will stay on as employee for 4 months or consultant. |
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| Reason for selling:
Retirement- can stay on as consultant. |
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| REQUEST MORE INFO |
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