Profitable CPA Firm in the Richmond Area, Virginia
This accounting and tax practice has been serving business owners and individuals throughout Virginia for nearly 10 years. The firm has multiple revenue streams including primarily tax work, bookkeeping, payroll and accounting/consulting. The firm is efficiently staffed and has several experienced professionals.
Most of the business is repeat business with existing clients. The firm does zero advertising and does not have a website. There are no client concentration issues with the largest clients representing less than 5% of annual revenues.
The U.S. accounting services industry is large and growing. In 2023, the market size was valued at around $140 billion. Over the past decade, the industry has experienced annual growth rates averaging 2-3%.
The business should qualify for bank financing.
Owner will assist purchaser in the transition.
Financials (USD)
Asking Price $525,000
Cash Flow $200,000
Sales $500,000
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? Yes
Willing to co-broke? Available On Request
Principals only? No
Franchise? No
Management will stay? Yes
Relocatable? No
Real Estate? No
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