Tax & Accounting Practice in Youngstown

Featured on dealstream.com . 12 viewed

Asking Price

$525,000

FOR SALE - ACTIVE

Detailed Information

Location

Trumbull County, OH

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BUYER ANALYSIS

Down Payment

% down

Payback Period

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Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

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(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

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Business Description

This is a long-standing tax and accounting practice near Youngstown that has been operating successfully for over 40 years. The current owner, who is nearing retirement, has decided to sell the business. In 2023, the firm brought in revenue totaling $455,000, generating a Seller's Discretionary Earnings (SDE) of $211,000. Specializing in business tax and accounting services, this firm represents a significant portion of its revenue streams, accounting for nearly 80% of its overall business activities. With a strong track record of success and a loyal client base, this practice offers a reputable and stable investment opportunity for potential buyers looking to enter or expand in the tax and accounting industry near Youngstown.

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