Accounting / Bookkeeping Service in South King County


Asking Price: $425,000
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  Aaron Muller
Phone: 425.274.2092
Email: info@ACBrokersInc.com
 

Listing Information

Address: , South King County, WA,
Gross Income (last 12 months):
$457,974.00
Value of Furniture, Fixtures, and Equipment:
$29,495.00
Cash Flow (last 12 months):
--
Included in Asking Price?:
Yes
Year Established:
1997
Value of Inventory:
--
Number of full-time employees:
3
Included in Asking Price?:
No
Number of part-time employees:
1
Value of Property (if for sale also):
--
   
Included in Asking Price?:
No

Description


This is a successful accounting and bookkeeping service that has been established for 21 years. The company does bookkeeping, payroll, tax consulting, and federal income tax return preparation. There are approximately 113 clients, many of whom have been using this accounting practice for many years. The staff consists of three full-time account managers and one part-time CPA. The owner does not do any accounting work on the clients. Instead, the owner’s role is marketing, sales, and management. Due to health issues, the owner is looking to relocate out of State. This is an exciting opportunity to take over a successful accounting practice and grow it to the next level.

Facilities / Location


This is not a home-based business. The company leases a professional office space equipped with a conference room, offices, kitchenette, and lobby. The furniture, fixtures, and equipment are well-maintained. The rent is currently $2,000 per month.

Competition / Market Pros & Cons


Having been established for 21 years, this is a well-known accounting practice in the community. The company has won awards recognizing its excellence. This is a well-systemized business that allows the owner to focus on marketing and management, and not do any accounting work.

Growth and Expansion Pros & Cons


The owner’s marketing efforts mainly consists of attending a networking meeting weekly for 90 minutes, and taking calls from it. A new owner with fresh energy and a focus on growth could market the business and grow the company to the next level.

Support / Training Available


Seller is willing to train. Details negotiable.

Reason for Selling


Health issues and relocating out of State.

Any Financing Seller Will Provide?


Cash at closing. Broker can assist Buyer with obtaining bank financing.

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