Tax Preparation & Accounting Services

Hudson County, NJ

Tax Preparation & Accounting Services
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Asking Price: $89,000

Cash Flow: $100,000

Gross Revenue: $150,000

EBITDA: N/A

FF&E: N/A

Inventory: $25,000

Rent: $2,000 /Month

Established: 1985

Tax Preparation & Accounting Services

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Business Description

Perfect For Those Looking to Start Their Own Practice

Excellent tax preparation and accounting services business. Established over 30 years in same location. Business consist of monthly bookkeeping services and yearly tax preparation services. Over 300 tax preparation clients, consisting of mainly individuals and about 80 business clients. In addition to owner, business has 1 full time employee with some part-time help. Office location was recently renovated and has very professional look. In addition there is plenty of expansion space for growth or sub-let for additional income. Business generates about $150k gross income and can produce close to $100k net income. Can recover investment is less then a year.
Most clients are Hispanic. Buyer MUST speak Spanish.
Absentee owner runs business thru video conferencing system, including client meetings and tax preparation.

Detailed Information

Location:
Hudson County, NJ
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
N/A
Employees:
1
Facilities:
Server, workstations, copies, printers, scanners and all software is included.
Growth & Expansion:
There are massive expansion capabilities and market is saturated with small businesses.
Support & Training:
Will provide all remote training buyer requires for smooth transition.
Reason for Selling:
Absentee owner
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Business Listed By:
Enrique Rios

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