Financing: $150,000.00 Down and $75K over 3 yrs. @ 6.5%

Reason for Selling:Relocating

Established Tax Preparation Business | Semi-Absentee | 20 Years | Recurring Client Base

Own a well-established, highly profitable independent tax preparation business with a loyal client base and strong recurring annual revenue. Unlike a franchise, there are no franchise fees or ongoing royalty payments, allowing a new owner to maximize profitability while maintaining complete operational independence.

Established for over 20 years, this respected tax practice serves 300 active clients, with a high percentage returning year after year. While the busiest period is from January through June during tax season, the business generates revenue throughout the year through ongoing tax services and client relationships.

The current owner operates the business on a semi-absentee basis, spending less than 20 hours per week overseeing operations. Day-to-day activities are handled by an experienced manager and two full-time employees, with additional seasonal staff hired as needed during tax season. This creates an excellent opportunity for an owner-operator looking to increase profitability or an existing accounting or tax firm seeking an immediate expansion through acquisition.

A major advantage of this business is its secure payment process. Tax preparation fees are collected directly through IRS-authorized refund processing before the client receives their refund, providing a reliable and efficient collection system while minimizing receivable risk.

The business operates from a professional 5-desk location with exceptionally affordable rent of only $3,285 per month, helping maintain strong profit margins.

Financial Highlights

• Gross Revenue: $170,660
• Seller's Discretionary Earnings (SDE): Approximately $85,000
• Established: 20 Years
• Active Clients: 300
• Semi-Absentee Ownership
• Independent Business (No Franchise Fees)
• Strong Recurring Annual Revenue
• Low Monthly Rent

Growth Opportunities

• Expand bookkeeping and payroll services.
• Add business tax preparation and advisory services.
• Increase marketing to attract new individual and small business clients.
• Extend office hours during tax season.
• Cross-sell accounting and financial planning services.
• An owner-operator or CPA/EA could potentially increase profitability by reducing management overhead.

Buyer Requirements

• Serious and financially qualified buyers only.
• Minimum $150,000 in liquid funds required.
• Proof of funds will be requested prior to scheduling a buyer-seller meeting.

Confidential Sale

All inquiries will be handled with the strictest confidentiality.

Please do not contact the business directly, speak with employees, or discuss the sale with neighboring businesses. All showings are by appointment only.

Contact

Mel Vaz
631-767-0157
melvaz@vestedbb.com

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Attention Business Owners:

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