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Business Listed by

Sunbelt Linden

Contact: Frank Caroselli
Office Phone: 732-494-6766
Mobile Phone: 908-391-6954
Listing ID: LINDENJ001-N708

Profitable Tax Firm, Serving North Central New Jersey

Financial Information

  • Asking Price: $30,000
  • Gross Revenue: $30,485
  • Cash Flow: $25,002
  • Down Payment: N/A
  • FF&E (Included): $5,000
  • Inventory: N/A
  • Financing: Yes

Business Location

  • North Central New Jersey
  • New Jersey
Primary Business Category: Accounting Practice

This is a well established tax firm with its owner as the tax specialist. The firm has a customer base of over 200 individual and small business clients. The business is primarily focused on annual tax return preparation. This firm prides itself on being "lean and mean". Although it is located in a major North Central NJ city with great foot traffic exposure, it has kept lease and overhead expenses to a minimum. The business has also built and maintained a user friendly web site, which includes a mobile app. This combination has translated into providing clients with low-cost solutions to tax preparation and the ability to receive faster refunds.

Competition Description

Growth / Expansion overview

The seller has done a great job of establishing a large number of clients in a short period of time. A new owner can expand consulting and accounting services by marketing to the current client base which can generate a substantial increase in cash flow.

Support / Training Comments

The seller is committed to helping a new owner achieve success and will provide substantial post-sale training and consultation.

What sets this business apart from others is its reputation for providing excellent service and low cost solutions to its loyal client base. A savvy buyer will be able to take advantage of this firm’s strong foundation and its outstanding reputation.

The ideal buyer will be a sole practitioner or a larger accounting or tax firm who is looking to expand its client base by purchasing this successful firm.

Financing Comments

Seller Willing to Finance: $32,000 down; $1,250 a month for 24 months

Reason For Sale
Other Business Interests
  • Home Based: No
  • Year Established: 2013
  • Franchise: No
  • Year Acquired: 2103
  • Willing to Train: Yes
  • Relocatable: Yes
  • Required Licences: Business, State

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Fulltime Employees: 1
  • Part time Employees: N/A
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Monthly Rent: $350

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