Bookkeeping services business for sale.

Featured on BizBuySell.com . 32 viewed

Asking Price

$575,000

FOR SALE - ACTIVE

Detailed Information

Location

Contra Costa County, CA

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BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

A small bookkeeping services business, established in 2014, with 81 clients generating around $396,000 in annual revenue, is up for sale. The owner prefers a buyer already in the bookkeeping industry, as there is no tax preparation involved and no specific licensure required for servicing clients. The operations are currently a mix of in-person and virtual client meetings, with an option to transition fully to remote servicing. QuickBooks Online is the primary software used, and the annual cash flow projection for 2024, including owner's benefits and personal expenses, is estimated at $238,544. The seller is seeking a buyer interested in acquiring a virtual bookkeeping practice with an established client base and steady annual revenue. With the business mainly relying on virtual client services and no tax preparation involved, the focus is on maintaining bookkeeping services for a diverse range of small businesses. The transition to remote servicing offers flexibility in operations while ensuring continuity in client management and financial obligations. The absence of a physical

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Listed By:

Name : Hannah Boctor

Phone Number : Show Phone number

Hannah Boctor typically replies in about 7 minutes

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