Well Established Financial Services Business

Business Overview:

After 40 Years of providing bookkeeping and tax services to their community, this owner is ready to retire. This business is profitable and ready for a new owner to take it to the next level. It is an ideal investment opportunity for an owner just starting out or an existing business to add to their portfolio of clients. This owner has approximately 600 repeat clients every year and processes 1,000 tax returns every year. The community is undergoing a major rebuilding program, which paves the way for additional growth opportunities. The client turns clients away and has forgone growing the business due to the stage they are at in their personal life.

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Property Features and Assets:

Monthly Rent:$475.00 FF&E General Condition: FAIR

Market Competition and Expansion:

The U.S. Accounting industry generated $133.0 billion in 2022. Its revenue saw a 2.6% increase from $129.59 billion in 2021, which was enough for the sector to reach an all-time high and maintain its growth after a minor, pandemic-related slump in 2020. Additionally, historical data reveals that the US accounting sector’s annual revenue totaled just $96.95 billion back in 2012 — pointing to an impressive 37.1% increase during the last decade.

Reason for Selling:

Retirement

Additional Details:

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