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Listing ID: 3137953

Accounting/Consulting Practice with Lucrative Specialty For Sale

Lee, Florida, United States

$ 130,000

Revenue: $ 107,712

Cash Flow: $ 92,142

Business Description

Lucrative accounting/consulting practice. The owner has developed and documented, processes and systems to work with a specific group of non-profit corporations (NPCs). These services organize the financials for NPCs to equip them to pass the several audits and reporting that is required when involved with Federal, State and other grants and government funding. No tax, or bookkeeping services. Business is scalable and growing quickly, to the point the owner must hire help to keep up. This practice requires an understanding of GAAP principles, but does not require a CPA designation.

Property Details

Years Established:

7 Years

Other Details

Premise Details:

Current owner works at home. Meetings and coordination is primarily handled remotely and occasionally at the client's location. Any travel is typically reimbursed by the client.

Competition:

Owner has identified a niche market which is not typically serviced by accountants. Current owner is referring clients away due to growth and an abundance of interested prospective clients.

Expansion Potential:

Current business services a specific market - non profit organizations thta receive funding through grants and government funding. In addition, these systems could be applied to an unlimited number of Non-Profit organizations and other businesses. This practice already enjoys more business than 1 person can handle. Owner will share current practices and provide referrals and introductions to enable continuing growth with additional clients.

Operation Details

Trading Hours:

Monday-Friday 8am-6pm

Support & Training:

Will train for 2 weeks @ no cost. CPA Practice focused on businesses and non-profit organizations. No tax work, audit, or bookkeeping. Have established reputation for providing consulting, preparation for Board meetings, establishing systems and processes.

Relocatable:

Business Relocatable

Miscellaneous

Reason For Selling:

Business is growing quickly due to specialty market. Rather than build staff and develop larger practice, owner has accepted an executive role with a company.

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