Accounting and Tax Services
Knoxville

Established, successful, and profitable home-based Accounting and Tax Service business ran by CPA since 2011.  Revenue and SDE increasing year over year. Majority of client base is in Florida and Tennessee but can serve personal and business in any of the 50 states. Business model is serving clients through technology with face-to-face meeting which allows the practice to serve client from any location. Services for current clients includes Bookkeeping (Monthly/Quarterly/Annually) and Computerized payroll services (for sole S Corp Shareholder only).  Additionally, tax services include tax planning, tax preparation, State Tax Nexus & Compliance and IRS/State Representation.

Would you consider an 884% return on your investment a wise decision? Would you like to see a return on your money spent on a business purchase in less than two months? If you own an existing CPA firm, then consider this:

If you are an existing CPA firm looking to expand your firm, you would qualify for the SBA Expansion Loan. Here is the return on your Cash to Purchase: (terms and conditions based on Buyers credit worthiness) SBA Bank Approval Letter is part of our Confidential Business Profile #2. (Buyer must provide Proof of Ability to Purchase to receive the Confidential Business Profile #2)

Purchase Price - $1,500,000

Estimated Down Payment = $32,000.00 – SBA Expansion Loan Program

Estimated Monthly Payment over a 10-year term = $21,251 (11.25% interest rate)

Estimated Yearly Payments = $255,012

2023 Seller Discretionary Earnings = $537,879

Estimated Yearly Net Return = $282,867 (First year return is $250,867)

Estimated Monthly Net Return = $23,572 (your cost to purchase was 32K)

Estimated Return on cash = 884%

Where can you get a return of over 8.8X on your money in one year? It will take less than two months to get your cash investment back on purchasing this business.

The Seller is not going to finance the Buyer; there is no need. The Seller is only going to consider full price offers.

Seller just provided new P&L for 2024. 32% increase in profits thus far over 2023. Price remains the same. Your return on your investment just got even better! What are you waiting for?



Número de listado:

23043

Categoría:

Home Based,Professional,Retail

Ubicación:

Knoxville
$1,500,000

Información financiera:

Ingresos brutos:

$613,387

Precio listado:

$1,500,000

Depósito:

$0

Ingresos totales:

$544,757

Año Establecido:

2011

Información de arrendamiento:

Pies cuadrados:

0

Renta total:

$0

Vencimiento del arrendamiento:

N/A

Opciones de arrendamiento:

N/A

Información de activos:

Mejoras arrendatarias:

$0

Equipos / Accesorios:

$5,020

Inventario:

$0

Otros activos:

N/A

Información adicional:

Empleados de tiempo completo:

1

Empleados a tiempo parcial:

0

Licencia especial requerida:

Certified Professional Accountant or Enrolled Agent

Personal contratado:

0

Periodo de entrenamiento:

2 weeks

Razón de venta:

Retirement

Hello World

Corredores comerciales de primera elección

La información contenida en este documento se recibió del Vendedor y se considera confiable pero no está garantizada. First Choice Business Brokers (FCBB) ha confiado en que el Vendedor proporcione los detalles anteriores y NO ha verificado esta información. FCBB no es responsable y NO garantiza ninguna declaración, proyección o información proporcionada por el Vendedor. El Usuario/Comprador será el único responsable de la verificación de las ganancias y operación comercial del Vendedor. Al aceptar este documento, el Comprador/Usuario acepta que toda la información aquí contenida es estrictamente confidencial y no será revelada a ninguna otra parte sin autorización previa por escrito. El Comprador/Usuario confirma y comprende que FCBB NO ha realizado una investigación independiente del negocio o las cifras citadas en este documento. FCBB recomienda encarecidamente que un Comprador busque asesoramiento legal y contable antes de comprar un Negocio. Cualquier cambio en la información anterior requiere la aprobación por escrito tanto del Vendedor como de FCBB. Cualquier cambio realizado en este documento sin la aprobación de FCBB y del Vendedor no es válido.

La información contenida en este listado ha sido proporcionada por el vendedor o representante comercial mencionado anteriormente. First Choice Business Broker no tiene participación en la venta de este negocio, no ha verificado de forma independiente ninguna información sobre el negocio y no asume ninguna responsabilidad por su exactitud o integridad.

Lea los Términos de uso de First Choice Business Broker antes de responder a cualquier anuncio.

brokerPhoto
Denise Moseley
Office: | Cell: (865) 221-8484
License #:

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Ver otros listados

Accounting and Tax Services
Knoxville

Listing Number:

23043

Category:

Home Based,Professional,Retail

Location:

Knoxville

Listed Price:

$1,500,000
brokerPhoto
Denise Moseley
Office: | Cell: (865) 221-8484
License #:

Established, successful, and profitable home-based Accounting and Tax Service business ran by CPA since 2011.  Revenue and SDE increasing year over year. Majority of client base is in Florida and Tennessee but can serve personal and business in any of the 50 states. Business model is serving clients through technology with face-to-face meeting which allows the practice to serve client from any location. Services for current clients includes Bookkeeping (Monthly/Quarterly/Annually) and Computerized payroll services (for sole S Corp Shareholder only).  Additionally, tax services include tax planning, tax preparation, State Tax Nexus & Compliance and IRS/State Representation.

Would you consider an 884% return on your investment a wise decision? Would you like to see a return on your money spent on a business purchase in less than two months? If you own an existing CPA firm, then consider this:

If you are an existing CPA firm looking to expand your firm, you would qualify for the SBA Expansion Loan. Here is the return on your Cash to Purchase: (terms and conditions based on Buyers credit worthiness) SBA Bank Approval Letter is part of our Confidential Business Profile #2. (Buyer must provide Proof of Ability to Purchase to receive the Confidential Business Profile #2)

Purchase Price - $1,500,000

Estimated Down Payment = $32,000.00 – SBA Expansion Loan Program

Estimated Monthly Payment over a 10-year term = $21,251 (11.25% interest rate)

Estimated Yearly Payments = $255,012

2023 Seller Discretionary Earnings = $537,879

Estimated Yearly Net Return = $282,867 (First year return is $250,867)

Estimated Monthly Net Return = $23,572 (your cost to purchase was 32K)

Estimated Return on cash = 884%

Where can you get a return of over 8.8X on your money in one year? It will take less than two months to get your cash investment back on purchasing this business.

The Seller is not going to finance the Buyer; there is no need. The Seller is only going to consider full price offers.

Seller just provided new P&L for 2024. 32% increase in profits thus far over 2023. Price remains the same. Your return on your investment just got even better! What are you waiting for?



Financial Information

Gross Revenue:

$613,387

Listed Price:

$1,500,000

Down Payment:

$0

Total Income:

$544,757

Year Established:

2011

Lease Information

Square Feet:

0

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$5,020

Inventory:

$0

Other Assets:

N/A

Additional Information

Full-Time Employees:

1

Part-Time Employees:

0

Special License Required:

Certified Professional Accountant or Enrolled Agent

Contract Staff:

0

Training Period:

2 weeks

Reason for Selling:

Retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


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