Active
Profitable Tax Preparation, Bookkeeping & Payroll Services
Well established income tax preparation, bookkeeping and payroll business. Comes complete with all office equipment and a good location website and business name. This is an excellent opportunity to get into the tax preparation business and grow it organically, or if you already are in the business.
This is an opportunity to increase your income with very little increase to your overhead. The owner will give you a little training to get you started and ready for tax season. The owner will finance the Business with a substantial down payment.
Act now before it is too late.
Listed By: John Willingham
Background information
Reference:
53299
Year established:
2009
Reason selling:
Retirement
Finance
Sales:
$138,480
Profits:
$104,094
Profit type:
Discretionary Earnings
Operations
Employees:
Owner works 40 hours per week and his wife works 5 hours per week. May take on some part time help during tax season.
Equipment:
Computers Dell Optiplex 990, Dell, Dell Optiplex 790, Server Dell Power Edge T310, Dell Optiplex 7090. Monitors HP, Dell and LG. Printers Cannon D1620, Cannon MF 227, Cannon MF 232. Nextiva Telephone System, Scanner Cannon S40, Office Furniture Desk, Executive chairs, Side Chairs, and Side Tables.
Premises
Square footage:
600
Rent and lease terms:
$950 per month, Month-To-Month Tenancy. Landlord pays everything but PG&E,
Location:
Bakersfield
Opportunities
Growth:
The Business grows organically every year and has more potential to grow faster with new management.
Market:
There are many tax practices in the Bakersfield area, H&R Block, Liberty Tax, CPA and EA practices. Almost everyone has to file a tax return every year and it gets more complicated each year. H&R Block and Liberty Tax are expensive and CPAs are more expensive, EAs are usually more reasonable. This Business is very reasonable on pricing and their fee structure could probably be increased.
Price and terms
Price:
$135,000
Down payment:
$67,250
Financing:
Seller may finance with a substantial down payment upon approval of Buyer's credit and financial information.
Training:
4 weeks training 20 hours per week.