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MLT Accounting Firm For Sale

9/wk
MOUNTLAKE TERACE, Washington, United States
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Asking Price$80,000
Revenue$87,246 Established2008
Cash Flow$34,966 Employees1 part-time
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed RelocatableYes
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
CPA Firm
Well established, full service, accounting firm.  Established in 2008, this firm specializes in bookkeeping, payroll, strategic planning, and tax services. The business is about 85% bookkeeping and 15% tax services, thus creating an excellent and steady cash flow for the business. The current owner works less than 10 hours per week and has a part-time assistant who does the majority of the work.  The current owner uses JetPack Work Flow to remotely review the work. This business can easily be run from home or from just a small suite. The current owner must sell due to taking over another company, in another field, and he does not have the time to devote to this business anymore.  There has been virtually no promotion by the Seller for a long time - he has relied upon word of mouth and referrals from Bankers and attorneys. The new owner could easily increase the business by networking with more bankers, attorneys, larger CPA firms (who do not want to do the bookkeeping for their clients), and payroll services.  This is an excellent platform for a beginning CPA or an excellent addition to an existing firm. Seller is willing to finance the buyer with 50% down - 3 year term - at 6% interest.
The current owner leases a small suite, however, this business can easily be run from the Buyer's home
This business has been established since 2008 and has an excellent reputation for consistency, reliability, honesty, and one on one customer service - they are known for their fair pricing and their concern for their client's welfare.
There has been virtually no promotion by the Seller for a long time - he has relied upon word of mouth and referrals from Bankers and attorneys. The new owner could easily increase the business by networking with more bankers, attorneys, larger CPA firms (who do not want to do the bookkeeping for their clients), and payroll services.  The new owner could increase the number of tax returns and offer more financial and strategic planning. This is an solid platform for a beginning CPA or bookkeeper or an excellent addition to an existing firm.
Cash or Seller financing with 50% down - 3 year term - at 6% interest
The Seller is negotiable on the training for the new buyer, if it is needed at all.
The current owner must sell due to taking over another company, in another field, and he does not have the time to devote to this business anymore
Accounting, bookkeeping, accounting firm, CPA, accounting practice, tax returns, financial planning
Sale Reason:other business interests
Ad #90791
Seller Reference #SEA01WA001-N247
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Contact This Seller
Randi Edwards
206-571-4745
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