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?



Listing Number:

23043

Category:

Home Based,Professional,Retail

Location:

Knoxville
$1,500,000

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

Hello World

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.


Read First Choice Business Broker, Terms of Use before responding to any ad.

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

By clicking the button, you agree to First Choice Business Broker Terms of Use and Privacy Notice

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

By clicking the button, you agree to First Choice Business Broker  Terms of Use and Privacy Notice

A red and white logo for first choice business brokers
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:

0

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.


Read First Choice Business Broker,
Terms of Use before responding to any ad.