Gross Revenue: $700,000
Location: Virtual, New York
Industry: Accounting, Tax Preparation, Bookkeeping and Payroll Services
Listing ID: US-2066
Listing Status: Sale Pending
*** THIS LISTING IS CURRENTLY SALE PENDING ***
OVERVIEW - ABA Advisors represents this virtual outsourced fractional CFO Accounting Firm. The owner is a CPA who works full-time in the firm. The owner is willing to provide transitional assistance to the buyer to help ensure client transition. The buyer must be a CPA ideally with 5+ years CFO and Controller experience. Experience with QuickBooks Online, Bill.com and Excel are necessary.
THE PRACTICE - The firm was founded in 2017 and works with growth-oriented $1-10M businesses mostly in the investment and manufacturing industries. The firm operates fully remotely and can be operated by a buyer from anywhere. The firm’s revenue is very consistent month to month. The firm is very profitable with more than 70% SDE available to the buyer. Business ID: US-2066
Lease Option: The firm is operated remotely and utilizes a Regus office.
Real Estate Included: No
Franchise: No
Reason For Sale: Seller wishes to retire from public accounting and pursue a different business.
Training & Support: Seller is willing to provide transitional assistance to the buyer to assist client retention. Staff is not aware of the sale but would likely transition to the new owner.
