Business Description

An established company in Los Angeles assists businesses with Affordable Care Act Health Insurance IRS required filings. Businesses with 50+ employees are mandated to file Forms 1094 and 1095-C by the IRS and Department of Labor. This company, with a nationwide client base, ensures proper filing to avoid penalties. The business has shown significant growth, operates remotely with part-time employees, and offers multiple revenue streams. With a retiring majority owner, the company is seeking a buyer with a basic or high understanding of the specialized industry. The partner's son is willing to stay post-transfer, and the sellers are open to offers from qualified buyers. The Small Business Administration has pre-approved the business for qualified buyers with as low as 10% down payment. While no seller notes are accepted, a potential seller earn-out or equity stake could be considered for a qualified buyer group. This opportunity presents a unique niche business with high recurring annual revenue and growth potential.