Gross Revenue: $465,000
Location: MidWest, Ohio
Industry: Accounting, Tax Preparation, Bookkeeping and Payroll Services
Listing ID: OH-2038
Listing Status: New
This is a well-established, four-decade tax and accounting practice located close to Youngstown. The firm is thriving; however, the owner is retirement age and wishes to sell. The firm is on track to generate revenue of $465,000 in 2023 with SDE of nearly $185,000. Business tax and accounting services make up almost 80% of revenue with much of it as monthly or quarterly accounting work. Concentration is low with no single client representing over 10% of Revenue. The staff is in place with one other well-qualified CPA plus an experienced Office Manager and Receptionist. Staff are aware of the sale and are likely to continue with a new owner. This practice is a perfect opportunity for a CPA to strike out on their own or it could also be a great addition to an existing firm looking to take the firm into its next chapter of growth. ID# OH-2038
Reason For Sale: Retirement Age
Training & Support: The seller is very willing to assist the Buyer in smoothly transitioning clients and is open to discussing part-time contract work up to 30 hours per week at a discounted rate for 2024 and beyond.
