California Accounting Firm - SBA Qualified
| Asking Price: | $750,000 |
| Gross Revenue: | $620,000 |
| Established Year: | 2008 |
| Cash Flow: | $270,000 |
| Rent: | $2,500 |
Very Profitable And Lucrative Accounting Firm
Own a trusted, high-revenue accounting firm in Santa Cruz, CA! With over 500 loyal clients, established community ties, and high margins, this business offers exceptional growth and profitability.
Business Overview:
Founded in 2008, this accounting practice serves over 500 clients annually, from individuals to corporations. Offering personal and business tax preparation, audit representation, and consulting, the firm is a trusted resource in the community. The practice generates reliable revenue between $600,000 and $620,000, supported by a turnkey operation and exceptional client retention.
Key Financial Highlights:
- Gross Revenue: $620,000
- Cash Flow: $270,000
- Asking Price: $750,000
- Rent: $2,500/month
- Building Size: 825 sq ft
- Client Base: 500+ (350 personal clients, 150 business clients)
- Average Ticket Price: $700 (personal) / $1,000 (business)
Operational Details:
Operating from an 825 sq ft office with highly affordable rent, the firm runs efficiently with two experienced employees and a full suite of accounting software, including QuickBooks, UltraTax, and Smart Vault. The practice offers flexible service options (in-person, online, virtual), enabling seamless interaction with clients. Its streamlined operations and outstanding reputation mean that the firm has limited need for marketing and often must turn away new clients.
Reason for Sale
The owner is retiring, offering an excellent opportunity for a buyer to step into a stable, profitable business with strong market presence.
Growth Opportunities:
- Service Expansion: Add consulting services, tax planning, or fractional CFO offerings to attract more clients.
Increase
- Market Reach: Hire bi-lingual staff and boost online presence to expand local market share.
- Develop Digital Marketing: Establish a digital presence to reach a broader audience and increase brand visibility.
Ideal Buyer Profile:
Perfect for a CPA, enrolled agent, or firm looking to expand into the Santa Cruz market, this business offers reliable cash flow, a solid client base, and opportunities for further growth.
For more information on this reputable accounting firm, including financial and operational details, please submit an inquiry today.
