Long-standing Accounting Firm located in North Bergen

North Bergen, NJ
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Asking Price:$325,000
Gross Revenue:$458,740
Established Year:1976
Cash Flow:$229,892
Real Estate:$735,000
BUSINESS DESCRIPTION

BUSINESS AND PROPERTY ARE BOTH FOR SALE (Business in same location for 40 years, A Staple in the Local Community!). This is a very UNIQUE opportunity to own a profitable business and an investment property.

BUSINESS INFORMATION

This business is a full-service accounting firm specializing in accounting and tax matters for small businesses and individuals. Their primary service offerings include business bookkeeping and corporate and individual tax preparation. With over 40 years of expertise, their dedication to hard work has earned the respect of both the business and financial communities in North Bergen, New Jersey, and the surrounding areas. Their firm is a small family-owned office that prides itself on customer service and tax expertise.

Small Business Bookkeeping Services include setting up and maintaining your company files using QuickBooks, entry of bank and credit card transactions, bank and credit card reconciliations (monthly or quarterly), preparation of financial statements, state sales taxes calculated & paid (monthly or quarterly), and filing of New Jersey State Annual Reports.

Corporate and Individual Services include Tax Preparation, Tax Planning, Tax notice resolution for returns prepared in-house, estate and inheritance tax preparation, amended tax returns, prior year’s tax filings, and preparing & File New Jersey Property Tax Relief Programs.

PROPERTY INFORMATION

The seller owns the 2,100 sq. ft. building that the business operates out of. The office alone is 1,200 sq. ft. and there is also a 900 sq. ft 2 bedroom apartment that is currently rented and bringing in a steady cash flow of $1,700 per month. The market rent for the office building would fall within a range between $2,200 - $2,600 per month which could be an additional rental income.


DETAILED INFORMATION
Location
North Bergen, NJ
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
2,100
Employees
4
Support & Training
Seller Training Time Period: Negotiable, a smooth transition is desired
Reason for Selling
Retirement
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Ryan
Fischer
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Ryan Fischer