Profitable Accounting Practice with Diversified Client Base

Indianapolis, IN (Marion County)

Seller Financing Available
Profitable Accounting Practice with Diversified Client Base

Asking Price:$159,000

Cash Flow:$90,000

Gross Revenue:$155,000





Profitable Accounting Practice with Diversified Client Base

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Business Description

This is a well established, single owner, paperless accounting practice. The practice has grown steadily the past 3 years. The business has over 225 individual and 14 regular business accounting clients. It specializes in payroll processing with over 20 clients using their turn-key payroll processing system. The owner will transition, as owner is retiring, but staying in area.

A great opportunity for:
*Existing practitioner to expand client base
*A new practitioner looking to “jump start” owning their own accounting/tax practice
*A financial planning practice seeking practice diversification and potential investment management clients.

Income tax preparation for taxpayers is not likely to get easier and this practice’s payroll service can be a great marketing tool to expand the already profitable business client base.

Practice services Madison, Marion, Delaware and Henry Counties in Central Indiana

Detailed Information

Leased and valued at approximately $1,200 per month, if needed. Equipment valued at over $11,000 included in practice sales price.
Growth & Expansion:
Sole owner retired from a previous business 3 years ago allowing time to expand accounting practice from $111,000 to over $155,000 in just 3 years, with little advertising budget. Payroll service is very profitable and is great tie-in to accounting and tax services.
The seller is willing to finance a portion of the transaction
Support & Training:
The seller will provide necessary support and training.
Reason for Selling:

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Tom Krafft

Business Listed By:
Tom Krafft

Indiana Equity Brokers

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Troy Frank

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