Services - Engineering & Accounting | Services - Other Business Services

$Seller Financing Available

Asking Price	$112,750	Inventory
Gross Income	$102,795	Real Estate
Cash Flow	$77,611	Year Established	1990
FF&E	$12,750*	Employees	1/2

* included in the asking price

** not included in the asking price

Long Established Neighborhood Tax Preparing and Paralegal Office

This well known service company has been providing tax return and paralegal support to a concentrated latin population for over ten years. It has a strong tax return base, and would profit from insurance, real estate and mortgage adaptations to the core effort. And for that matter, any other services for which the client base may have a need. It is ideally located and benefits from word of mouth and family referrals. Simple legal document preparation is an important aspect of the effort, however, owner does not hold himself out as a practitioner of the law. Simplified translation (Spanish to English) is provided. A part time employee allows owner flexibility in his schedule, and during the tax season accomplishes all the returns, which range from 475 to 550 over the past three years. Quite frankly, the balance of the year May -December leaves open time for other business activity. The tax returns completed are predominantly family and small business activities with minimal preparation times. It is not unusual to complete 10-12 per day at $90.00-$120.00 per effort. The ideal candidate will use the tax season as a base for his or her effort, maximizing the post tax season period to her advantage. A Spanish speaking preparer is essential, whether that person would be a new owner or would make use of the personable and efficient part timer. It is certain that a fully licensed insurance agent could capture home, life and casualty accounts. A portion of gross revenues originate from business real estate activity.

Facilities: Business operates from a leased location with a monthly rent of $950.00. One could continue the effort at its current location, or seek out more favorable circumstances such as purchasing in the immediate area. The building is both a rental unit, and the business location. One could live in the front, and open a door to your business. The building is for sale by the owner (not me), and the living side is not occupied. Location is definitely neighborhood oriented, however, the building is zoned residential/office. The owner is most assuredly over valuing

Competition: Clearly, the business is in a well placed location, however, it is my assessment that that is not essential, as all of the client base is registered within the accounting software.

Growth/Expansion: Any number of activities can be integrated as outlined in the primary announcement. Cash flow includes revenues gained from real estate transactions.

Seller Financing Available: Yes

Financing: Open to consideration. Substanial down payment required

Support/Training: Owner will provide transition period of two weeks, and simply speaking, Turbotax is the weapon of use.

Reason Selling: Owner has been ill and will retire out of the area in the near future.