Bookkeeping & payroll firm for sale - Fully remote operation, serving clients in PA, NY, CA, NJ, FL.
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Asking Price
$1,350,000
Detailed Information
Philadelphia, PA
Business Description
Broker is selling a remote bookkeeping and payroll firm that generated $350,000 in Seller's Discretionary Earnings (SDE) in 2023. Founded in 2009 by the current owner, this fully remote business has a mix of part-time and full-time employees who work remotely, offering flexibility in their schedules. The firm serves clients in various industries such as property management, non-profits, service-based businesses, and software companies, all of whom submit their information electronically. Operating in a paperless environment, the staff are bound by non-solicitation agreements and the owner is willing to provide 6-9 months of transitional assistance to help the buyer integrate with clients and staff. The client base spans across PA, NY, CA, NJ, and FL, with no single client contributing more than 10% of the firm's annual revenue. Established in 2009 as a fully remote operation, this bookkeeping and payroll company manages a diverse client portfolio including property management