$360,000.00
Asking Price
Status: In Escrow
Posting ID: 282346
8/26/23
Description
BUSINESS IS IN ESCROW. BACK UP OFFERS ACCEPTED.
An established bookkeeping business can often be one of the most profitable and desirable small businesses an owner or entrepreneur can own. Bookkeeping businesses can be very profitable, especially when managed effectively and focused on delivering high-quality client service.
Here is your chance to live and work in one of the most desirable and sought-after locations in the USA, plus make a very good living, with plenty of opportunities to expand and grow the business. This well-established bookkeeping business in the Santa Cruz area is currently maxed out and is in fact turning away clients or else putting them on a wait list.
The business receives from 3 to 5 weekly calls from potential new clients. Word-of-mouth recommendations, plus excellent name recognition and reputation keep this small office busy all year long, and the owner reports no seasonality. Current services offered include bookkeeping and payroll services. Also clean-up work from other competitors.
If you are good with numbers and attention to detail or would like to be, this may be your golden opportunity! The experienced and respected current owner is more than happy to train as needed, and perhaps stay on in a limited capacity to consult or advise. Add a qualified accountant, bookkeeper, or even a tax preparer and grow the business with no other increase in overhead. Bookkeeping services are always in demand!
The seller feels that the best fit would most likely be a hands-on owner, with at least some physical presence and a physical office, rather than completely virtual and online. The seller understands this may not happen, however. The seller estimates that 80-90% of the clients are QBO, with the remaining approx. 10% in-person.
Gross sales: $250,910, 3-year average
SDE: $150,476, 3-year average
Price: $360,000, Some seller financing is possible for an approved buyer
Office Size: TBD
SBA Approval: Pending
This is highly confidential, so please contact the broker directly for an NDA.
Confidential Information provided by Coast Business Brokerage, Inc.
The information provided on this sheet is a copy of the information furnished by the seller indicated above and evidenced by the Broker Agreement and supporting documents, available upon request. Coast Business Brokerage makes no representation as to the accuracy or reliability of said information.
Books and Records: All books and records are provided to Coast Business Brokerage without audit on our part. Any buyer should perform his/her own due diligence and verification to their satisfaction.
To get more information about this Bookkeeping Service - Profitable business for sale in Santa Cruz County please phone Rex Walters CBB (Broker - BRE License #:01841628) at 831-239-2080 and 831-685-8866 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #282346 on BizBen.com. In addition to phoning Rex Walters CBB, make sure you email Rex Walters CBB above to get more info about this Bookkeeping Service - Profitable, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01841628. Coast Business Brokerage.
Contact
Details
Asking Price: $360,000.00
Down: Call/Email
Cash Flow: $150,476.00
Revenue: $250,910.00
Area: Santa Cruz County
City: None Given
Attributes:
My Notes About This Listing
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