Fast Growing Accounting Firm Focused on Contract Revenue.

Fast Growing Accounting and Business Services Firm. Revenue growth of $425-391K per year the last 4 years. Company is monthly accounting/services focused with 550+ monthly contracts totaling $111,000+ in monthly recurring revenue. Minority of revenue derived from yearly tax accounting. Services range from accounting, bookkeeping, payroll, litigation, business services, and yearly tax preparation. Team based structure with managers in place assuring the owner is not the business and growth will continue post acquisition. Sellers are willing to stay on in current roles for a smooth transition for 12 months at an agreed upon compensation. Additionally, Sellers are willing to stay on as “Business Development Agents” in a referral capacity for an agreed upon revenue share to continue to promote and grow the business. Nationwide clientele, no customer concertation, growing monthly recurring revenue basis (25%+ YTD). All Buyers please submit PFS prior to request of NDA.

Total Sales: $2,400,000

Cash Flow: $1,614,266

EBIT: $1,399,093

EBITDA: $1,399,093

Accounts Receivable Included: No

FFE: $2,000,000

FFE Included: Yes

Inventory: $150,000

Inventory Included: Yes

Year Established: 2009

Managers: 5

Real Estate Included: No

Monthly Rent: $249,524

Square Footage: 1,764

Reason For Sale:

Discuss with Owner

Training & Support:

Seller is offering 30 days of training at no cost to the buyer, but are willing to stay on in an employment capacity as well as a referral capacity for a prearranged salary. Sellers are willing to stay on in current roles for a smooth transition for 12 months at an agreed upon compensation. Sellers are willing to stay on as “Business Development Agents” for the accounting firm for an agreed upon revenue share.

Financing/Terms:

Sellers are willing to consider a partial liquidity event with retain minority ownership.