New
Virtual Client Accounting Services Practice based in Massachusetts
Listing #
MA6626
Location
Massachusetts
Annual Revenue
$650,000
Asking Price
$1,200,000
Type
Other
Presented by:
The Holmes Group
Toll-Free: 800-397-0249
Description:

This unique and highly profitable Client Accounting Services practice caters to a desirable, nationwide client base concentrated within the real-estate industry, so a buyer with experience or expertise in this sector would be advantageous or a larger firm looking to expand its service offerings and add a specialized real estate sector to its existing portfolio. The practice has a hybrid fee structure charging a percentage of rents for operating properties and fixed fee for development projects and management companies.  The percentage structure aligns the practice goals with those of the client.  The combined fee structure provides an attractive model whereby the revenue is derived from clients who pay a monthly amount for services, providing consistent, year-round cash flow. Combined with low overhead and a strong fee structure, the practice offers strong profitability and operational efficiency. It has established a strong reputation for delivering specialized services and is well-positioned to continue attracting and retaining clients within the real estate sector. There are also significant growth opportunities within the current client base, particularly through the expansion of tax, audit, and cost segregation study services, as many existing clients have additional needs in this area.  


With a tenured and experienced staff in place, this turn-key opportunity is primed for a smooth transition and continued growth. Its remote service model provides flexibility for a buyer to operate the practice from virtually anywhere. Additionally, the seller desires to work with the buyer for a period of 3-5 years, helping to facilitate a smooth transfer of client relationships and to provide the knowledge and expertise to grow the real estate focused Client Accounting Services line of business for the buyer.

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