$900,000 Revenue - Virtual Bookkeeping Firm for Sale (No Tax)

Pennsylvania
US-2070 ABA Advisors
Sale Pending
Asking Price:$1,350,000
Gross Revenue:$900,000
Cash Flow:$350,000
BUSINESS DESCRIPTION

ABA Advisors represents this 100% remotely run bookkeeping and payroll firm which yielded $350,000 of SDE in 2023.

The firm was originally started by the current owner in 2009 as a fully remote firm. The employees all work remotely and area a combination of part-time and full-time. The owner requires employees to be available during business hours but maintains a flexible work schedule. Clients include property management companies, non-profits, service-based businesses and software, among others. All clients send in their information electronically. The firm is 100% paperless. The staff have all signed non-solicitation agreements and are expected to continue with the buyer. The owner is committed to 6-9 months of transitional assistance to help the buyer become acclimated with the firms’ clients and staff. Most clients are located in PA, NY, CA, NJ and FL. No client makes up 10% or more of the firm's annual revenue. Business ID: US-2070


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Financing
Broker can introduce Buyers to lender who specialize in accounting firm lending (SBA
Support & Training
Seller is willing to provide transitional assistance for 6-9 months following closing, or as desired by buyer. Staff are not aware of the sale but are expected to transition with the buyer.
Reason for Selling
Retirement
Home-Based
This business is Home-Based
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Joshua
Dennis
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Joshua Dennis