Property Details

Tax Preparation and Accounting - Monroe County

Property ID : WSD24.240

For Sale $68,900.00 - Accounting Practice

DESCRIPTION:

  • An Independent Accounting Practice located in the Rochester, NY area
  • Has been in operation for over 28 years
  • Has accumulated a large database of clients over 28 years
  • Offers Accounting, Bookkeeping, Tax Preparation, Payroll, and other services
  • The buyer has the option to remain at the current location or to relocate it.
  • There is a part-time secretary assisting the owner of this business

FF & E (Included in the Asking Price)

         Furniture, Fixtures, and Equipment at a fair market installed value of $ 5,500

LEASE ARRANGEMENTS:

          The two-room office is approximately 650 Square Feet and is currently on a month-to-month lease at a gross rent of $ 650 a month. A new lease will be offered to the Buyer of this business if they choose to stay at this location.

SALES AND SELLERS DISCRETIONARY EARNINGS:                         

                                           2017                         2016                 2015

Sales:                            $ 61,835           $ 64,965            $ 59,331

SDE:                              $ 31,242           $ 30,844            $ 37,420

 PRICE/FINANCING:

          The Asking Price is $ 68,900

NOTE:  If this business is integrated into a Buyer’s existing facility, an additional $13,000 in SDE per year can be obtained by not paying the existing rent, telephone, website hosting, internet access, utility, security, and PO Box expenses this practice currently pays.

 COMMENTS:

A very nice opportunity for either an independent accounting or tax preparation practice, or that individual who has accounting and/or tax preparation experience to acquire an Accounting Practice along with all of the clientele it serves.

Agent Stephen DiPaolo

Steve november 2017
  • Office : 585-247-4750

Stephen DiPaolo was the owner of Aries Precision Products in Rochester NY for 22 years,…
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