Profitable Accounting Firm in Chesterfield County, Virginia

Chesterfield County, VA

Seller Financing Available
Profitable Accounting Firm in Chesterfield County, Virginia
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Asking Price: $279,000

Cash Flow: $90,000

Gross Revenue: $270,000


FF&E: $10,000

Inventory: N/A

Rent: $1,400 /Month

Established: N/A

Profitable Accounting Firm in Chesterfield County, Virginia

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Business Description

Well Regarded Local Accounting Practice!

This accounting practice has been serving business owners and individuals throughout Virginia for over 20 years. The firm has multiple revenue streams including primarily tax work, bookkeeping, accounting and payroll. The firm is efficiently staffed and has several experienced professionals.

Detailed Information

Chesterfield County, VA
Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Location is leased.
Operators in the Accounting Services industry offer a wide array of services, including tax preparation and compliance work, consulting assistance and bookkeeping and payroll. The industry has grown steadily over the five years to 2019, buoyed by economic growth, rising equity markets and an increasing number of new businesses. As revenue expanded, new accounting firms have entered the industry and competition has intensified. In an attempt to boost market share, the industry's largest players have increasingly acquired smaller companies strategically to heighten their service offerings to include ancillary consulting services. Overall, industry revenue is projected to rise at an annualized rate of 4.8% over the next five years.
Support & Training:
Owner will assist purchaser in the transition and would like to remain involved in the business.
Reason for Selling:
Owner is close to retirement age.
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Gavin Raphael

Business Listed By:
Gavin Raphael

Light & Raphael

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