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Accounting & Tax Services Firm - Coastal Carolinas

New Hanover County, North Carolina

Asking Price: Gross: Cash Flow:
$275,000 $233,672 $119,340

Furniture and Fixtures Value:
$1,500 (included in the asking price)

Inventory Value:
$0 ( not included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
This is a great acquisition opportunity for an accounting firm looking to expand its business. This well-established business in the Coastal Carolinas has been around for over 20 years. The business has many loyal, long-running clients. Their business comprises bookkeeping, payroll, tax planning, and tax preparation. This business acquisition opportunity allows a firm to add clients, revenue, and staff.

 
   
   
Year Business was Established: 1999
   
Number of Employees: 1 FT/1 PT  
   
Facilities / Terms of Lease: This business currently rents an office space. An acquiring firm could take over the space or absorb staff and business into their current company.  
   
Potential Growth/Expansion: Growth opportunities as many people and businesses are moving into the community and will need accounting/tax services. This office has potential for growth by expanding its bookkeeping capacity.  
   
Competition: This industry as plenty of growth opportunities with the current influx of people and businesses moving into the community and will need accounting/tax services.  
   
Owner willing to finance: $27,500 down/$27,500 over 120 mos. @ 11.25%/Other Financing.  
   
Owner willing to train: Will train for 4 weeks @ $0 cost.  
   
Reason for selling: The owner is pursuing other interests and is flexible with transition assistance.  
 

 

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