High Performing CPA Firm for Sale - Phoenix, Arizona (North Phoenix)

Phoenix, AZ

Seller Financing Available

listing image
Sale Pending
Asking Price:$903,278
Gross Revenue:$821,000
FF&E:$25,000
Cash Flow:$420,000
Rent:$2,800/Month
Established Year:1993
BUSINESS DESCRIPTION

Excellent Clients

This high performing CPA firm, located in North Phoenix, Arizona has $821,000 of recurring revenue with Seller Discretionary Earnings (SDE) of $420,000. The firm has an ideal mix of client relationships with an emphasis on business entities. Well over 60% of the revenue is associated with business clientele and the 1040 clients retained are almost all the owners of an entity doing business with the firm. 1040 returns average $1,300 and the business returns are equally as lucrative. Approximately $212,000 of annual production comes from a set of approximately 25 monthly bookkeeping and accounting clients. These monthly bookkeeping clients are also tax clients adding to the efficiency of tax season. Several full time employees and a principal can move with the acquisition. A 53% cash flow margin provides plenty of cash flow to allow for bank financing. A handful of 8 figure middle market companies and active and expanding small business entities make up an incredible book of opportunity. The principal is willing to stay on in a production role, or can take on the management of the firm for market compensation through 2027. There is no audit or attest work associated with this acquisition.


DETAILED INFORMATION
Location
Phoenix, AZ
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,500
Lease Expiration
31/08/2026
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Located in an upscale business park in North Phoenix, the lease is available for assignment with landlord approval. Lease costs are just 4% of sales. A dynamic book of clients including a number of 8 figure clients and many active and growing small business clients fill up the bulk of the book. There is new opportunity every year from the high-powered book of clients this firm serves.
Competition
While there is always competition, this book self generates all the business they can handle each year. The seller regularly declines new opportunities due to capacity.
Growth & Expansion
This practice can grow significantly if a buyer desires growth and can add additional staff. Growth is only limited by staffing capacity.
Financing
The seller would carry up to 30% of the purchase price for a qualified buyer.
Support & Training
The seller will familiarize the buyer with the opportunity and will stay on for transition and into the future as a working employee or partner.
Reason for Selling
Executing Succession Plan
Report an Issue with this listing
profile-img
Ryan
Gipple
logo-img
Ryan Gipple