Full Service Accounting Firm in Northeast Colorado Springs

Colorado Springs, CO

Seller Financing Available

listing image
Asking Price:$295,000
Gross Revenue:$400,000
FF&E:$20,000
Cash Flow:$100,000
Rent:$1,665/Month
Established Year:1999
BUSINESS DESCRIPTION

Ideal acquisition for existing firm looking to add more capacity!

This firm offers both individual and business tax planning, preparation, and consulting. Additional services include payroll, bookkeeping, Quickbooks setup/management, etc. With nearly $400K gross revenue (3 yr average) and over 400 active clients (3 to 1 individual to business), this company has a firm client base and steady annual revenues and profitability with a $100K SDE (3 yr average). The owner is looking to retire soon and is available in the transition (time negotiable) making it an ideal acquisition for a buyer looking to jump start a new practice or an existing firm ready to expand with an experienced team in Southern Colorado.

To review financials and speak with the owner to learn more, please fill out the attached confidentiality agreement and purchaser profile, send to 7860associates@gmail.com, and the owners will contact you to setup a phone or zoom call.


ATTACHED DOCUMENTS
NDA CA fillable.pdf.pdf Download
CPP fillable.pdf.pdf Download

DETAILED INFORMATION
Location
Colorado Springs, CO
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,650
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Base $12.12 ppsf NNN $9.14 ppsf Current base rent with NNN is $2,828 per month. Lease term 2 years with 6% annual increase. Real estate is owned by same owner as business so owner will consider a purchase option.
Growth & Expansion
Great location and immediate growth capacity. Colorado Springs is consistently ranked the in the Top 10 of places to live in the US by U.S. News and World Report!
Financing
Owner willing to seller finance for qualified buyer
Support & Training
Owner will assist buyer in the transition period to maximize client retention based on buyer's need and experience (time negotiable).
Reason for Selling
Retirement
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