Accounting Firm - Eastside


Asking Price: $265,000

SOLD

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  Aaron Muller
Phone: 425.766.3940
Email: info@ACBrokersInc.com
 

Listing Information

Address: , King County, WA,
Gross Income (last 12 months):
$262,399.00
Value of Furniture, Fixtures, and Equipment:
$11,950.00
Cash Flow (last 12 months):
--
Included in Asking Price?:
Yes
Year Established:
1998
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 an established accounting firm in the Eastside area of King County, WA. The firm performs full-service accounting including bookkeeping, federal income tax returns, payroll, and tax consulting. The firm currently has 50 clients, many of whom have been with the company for years. There are currently three full-time staff accountants and one part-time CPA. The owner does not do any accounting work. The owner’s role is marketing, sales, and management only. Due to health issues, the owner is relocating out of State. This is a great opportunity to take over an established accounting firm and grow it to the next level.

Facilities / Location


Conveniently located on the Eastside, the firm leases a 1,162-square-foot commercial office space, equipped with a conference room, reception desk, office areas, and employee break area. The furniture, fixtures, and equipment are in good condition.

Competition / Market Pros & Cons


This is a successful accounting firm in the community that has been established for 20 years. The business is well-systemized, allowing the owner to not do any accounting work. None of the bookkeeping clients require on-site visits. Only one client requires a quarterly on-site visit.

Growth and Expansion Pros & Cons


The owner has not spent any time or energy to get new business. A buyer with fresh energy and marketing ideas can take over an established clientele and grow the company to the next level.

Support / Training Available


Seller is willing to train. Details negotiable.

Reason for Selling


Health issues.

Any Financing Seller Will Provide?


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

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