Texas Property Tax Consulting Company - 94% Recurring Revenues

Houston, TX (Harris County)

Texas Property Tax Consulting Company - 94% Recurring Revenues
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Asking Price: N/A

Cash Flow: $230,519

Gross Revenue: $858,502

EBITDA: N/A

FF&E: $23,255

Inventory: N/A

Established: 1985

Texas Property Tax Consulting Company - 94% Recurring Revenues

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Business Description

This Texas company, in its 33rd year, operates in the property tax consulting industry providing comprehensive, customized tax services for property owners, corporate entities and individuals, in 36 States across the U.S. The company services the energy, manufacturing, industrial, and commercial property sectors. Revenues are approx. 94% recurring annually. Billing occurs on a quarterly / annual basis. Relationships are sticky, with the top 10 clients ranging from 13 to 33 years. There are 7 full-time employees, ranging in tenure from 11 to 16 years, 2 are senior agents, 2 are agents, and 3 are office administrators. Tax agents are required to be licensed through the Texas Dept. of Licensing & Regulation. There is a process to become agents and senior agents. All employees are expected to stay under new ownership. The property is for sale or lease. Please refer to CBB Listing #8143

Attached Documents


Detailed Information

Employees:
7ft; 1 contract
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
one-story 8,360sf freestanding bldg. on .20 acres corner lot
Growth & Expansion:
Implement marketing strategies. add consulting services for sales and use taxes.
Support & Training:
Seller will train
Reason for Selling:
Retirement
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(from currently available funds)
 
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Frank & Rose Stabler

Business Listed By:
Rose Stabler

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Memberships & Certifications:
The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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