10 Year Tax Resolution – Recession Proof

Buena Park, CA (Orange County)

10 Year Tax Resolution – Recession Proof
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Asking Price: $2,200,000

Cash Flow: $557,000

Gross Revenue: $2,200,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

10 Year Tax Resolution – Recession Proof

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Business Description

20% Cash Down with SBA Loan. Prestige Business.

You do not need to be a tax expert to own this business. Includes $500,000 Contract Residual Income. Since 2009 this business provides professional representation to clients who are threatened by the IRS. Facing wage garnishment, account levy or seizure of their home, these clients need immediate professional assistance that becomes a top priority.

Because of arcane IRS policies, bureaucracy and entrenched private industry infrastructure (CPAs etc.), it is unlikely this business and industry will be a victim of technology shifts in the foreseeable future.

The business has a tenured professional staff of Enrolled Agents and a proven sales team. 12 Employees total. The owner should have some knowledge of IRS rules but need not be a CPA or Enrolled Agent. Entrepreneurial experience or management experience is more important. The business occupies about 4,500 square feet of a modern office building. Rent is $5,700 per month.

SBA acquisition financing may be possible to a qualified buyer with 20% Down Payment ($420,000) the annual payment on a loan of $1,680,000 with 10 year amortization and 7.75% interest would be $253,000 / year. Assuming Discretionary Income of $557,000 annually less Debt Service of $253,000 would leave the buyer with $284,000 Cash Flow after Debt Service, a 64% first year cash on cash return on down payment.

10 Page Business Summary with 4 years of P&Ls is available with NDA.

Detailed Information

Location:
Buena Park, CA
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Hoke Nagahori

Business Listed By:
Hoke Nagahori

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