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Accounting And Bookkeeping Practice
Location: United States -> California -> Southern California - All Southern California
Industry: Business Services > Financial




Business Summary

For over 18 years, this business has provided basic bookkeeping services, payroll services, organization of office accounting procedures, and QuickBooks training. They have all Quick Program versions for use with its customer's data bases. They have a broad base of knowledge and solutions that will ensure a client's specific accounting needs are met.

The Company has the expertise to assist clients in recruiting, formulating, and organizing client's prior year financials which were neglected or miscalculated. Company specializes in QuickBooks accounting software and can provide their services at the customer's office or at their office.

The Company's revenue base is diversified. No single account is more than 5% of revenue. Below is a breakdown of the volumes/types of revenues from Company's Top 10 clients:

Type of Business Revenue
Brand Consultants $6,099.90
Integrated Marketing Communications Agency $6,216.71
Business Software Development Company $6,540.00
Non-profit Medical and Legal Services $7,350.00
Trust Estate $7,725.00
Automotive Design Shop $8,237.21
General Building Contractor $8,486.75
Consultants $10,755.00
Non-profit Research Funded Organization $10,965.00
Residential Construction Company $33,823.91

Approximately 90% of clients are in Southern California with the balance in Northern California, New Mexico, Illinois, and Colorado.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $371,206
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2001
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The seller shall train the buyer and willing to participate in the business on a part time basis to expand client base.
Reason For Selling:  The owner is looking to retire but would like to stay at company part time.




Print Listing Id: 700343027
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Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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