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TAX SERVICE BUSINESS #392

Business Info

Business ID
#392
Price
$275,000
State
Asset
$153,000
Gross Sales
$163,458
Cashflow
$86,434
Owner Financing
No

This business was established in 2004 when the owner bought a small customer base and the building she is in from the previous owner, who had it for five years prior. She changed the name, began advertising and many of her previous clients came back to her. She and her small staff have attracted many bookkeeping and payroll accounts, as well as the regular very busy tax season business. The area needs for payroll, accounting, and business services is constantly growing and offers a great opportunity for someone with an accounting degree or CPA certification. Not desiring to have the business overwhelm her life, she has turned away a lot of commercial accounts and corporate work since there is no CPA on staff, so there is ample business growth for someone to multiply its current growth within a relatively short period of time. Assets include $2,000 of inventory, $125,000 of real estate and $26,000 of equipment, fixtures, and furnishings, located in Northwest Tennessee, Asking $275,000. 

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Testimonials

Since we indicated to you that we were interested in selling the business we have received the names of several prospective buyers, one whom has become the purchaser of the business. I wish to thank you for the leads and the professional manner in which you have handled the responsibility of informing us of prospective buyers.

Denton R.