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Business for Sale Summary

Accounting/Tax Business for sale in MA - 33771

Business Type: banking, lending, and finance,engineering & accounting services,other personal services,seller financing available,accounting/payroll/tax
Owner Financing
Accounting/Tax Business for sale in MA
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Financial Information (non-confidential)

General Information
Asking Price $275,000 Down Payment $130,000
Gross Revenues $150,000 Lease Remaining Register Free to View
Owner’s Cash Flow $103,000 Number of FT Employees Register Free to View

Financing

$130,000 Down and 36 months @5 %

Business Description

Profitable busy professional multi lingual tax preparation business, located in the downtown area of this ethnically diverse city. Well known and respected in the community with the financial knowledge and trust to improve their clients lives . Serving S MA, CT and RI. 90% of business is personal tax returns for 900-1100 clients, plus 10% for business tax returns. Additional income from; translations, payroll, setting up a new business and obtaining appropriate business licenses and permits, and as a notary. Located on the main street, on the first floor which makes it highly visible for walk-ins. 1500 square foot office was totally remodeled two years ago with a $30,000 renovation. Has a main waiting area for 50 people, two offices, break room and document storage area along with all new furniture. Waiting area is now set up to be Covid compliant. A majority of the accounts are primarily handled by the owner, but room to add an additional professional to increase revenue in many areas. This is a great opportunity for a young professional, especially if you are bi-lingual. Owner is offering great terms and will assist in transition. Buy now to buy to get ready for the busy tax season! Seller is motivated as is moving from the area.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.