Description:
Alan Liverman is pleased to introduce: •Well established (2002) cloud based CPA and Premium bookkeeping practice with average bookkeeping fees of $135 per hour. 300 + clients. •Approximately 11% of total billings are compilations, corporate tax returns and financial reporting, 85% are derived from regular bookkeeping services, 2% personal tax returns and the remaining 2% derived from miscellaneous services. The monthly revenue stream is projected to exceed $200,000 by March, 2023 •Firm is experiencing an annual growth rate of 25% plus •Well above normal owner's cash flow. •Ideal buyer would be somebody that is behind the curve on Cloud accounting services and wants a ready made division that they can build a national practice on. •The firm services a very wide range of industries •Office space of 2,400 SF and monthly rent of approximately $7,000 •Experienced loyal staff of about 26 with a mixture of full time , part time and sub-contractors available to transition to new buyer •The seller is flexible and will be available for a smooth transition. •Serious buyers only with proof of funds should inquire about this practice.