40-Year-Old Tax & Accounting Firm (Ohio)

Featured on dealstream.com . 10 viewed

Asking Price

$525,000

FOR SALE - ACTIVE

Detailed Information

Location

Trumbull County, OH

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BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

A successful tax and accounting practice near Youngstown, in operation for 40 years, is available for sale as the owner approaches retirement. The firm had a strong performance in 2023, generating $455,000 in revenue with $211,000 in Seller's Discretionary Earnings (SDE). Business tax and accounting services account for nearly 80% of its operations. This established practice, with a long history and steady revenue stream, offers a profitable opportunity for someone looking to enter or expand in the tax and accounting industry. The owner's decision to sell presents a chance to take over a thriving business with a solid client base and potential for growth. With its close proximity to Youngstown, the firm is well-positioned to serve the local community and beyond. For those seeking a well-established business in the tax and accounting sector, this opportunity provides a proven track record of success and financial stability. With strong revenue and SDE figures in 2023, the firm offers a solid foundation

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