*Purchase price pre-approved by lender*
This 100% fully virtual firm is focused on monthly subscription bookkeeping services and tax work for mental health practitioners (counselors, psychologists, coaches). Owner has created a strong product for clients and an independent, 15 +person team that allows the firm to run and grow on its own! One of its most notable attributes is its impressive revenue growth, with an average rate of 79%. This consistent growth is driven by a majority of clients who opt for subscription-based services, ensuring steady revenue streams throughout the year. 74% of the revenue comes from monthly bookkeeping fees and the remainder in tax work or other. The firm’s true strength lies in its team of tech-savvy professionals who deliver high-quality work and exceptional service. Each staff member is highly trusted, and clients benefit from having a dedicated contact for personalized service. This niche market focus provides ample opportunities for scaling.
The firm has a sterling reputation, with over 40 glowing 5-star Google reviews and a steady stream of referrals from satisfied clients. With its robust growth, client-centric approach, and unwavering commitment to quality, this firm stands as a shining example of success. The company’s service offering creates a reliable, consistent, monthly recurring revenue stream. This high growth company is ready and poised for scaling. 2022 revenue was $1,141,429 and conservative projections for 2023 are $1,350,000. Current clients have asked for CFO services, additional tax advisory and profit-first services. Additionally, clients are interested in financial planning services. There is unlimited upside!
This is a rare opportunity not to be missed! This is a turn key practice!
- Average growth rate is 79% over the last 2 years
- Low owner hours: only 800!
- Cashflow to owner 2022 was $536,553
- Over 15 independent and dedicated staff members
- Fantastic clients, with a focus only on mental health practitioners
Ideal Buyer:
The candidate will recognize the solid and proven groundwork already laid, the future in this business model, and the opportunity to scale or integrate with a progressive existing service company. A buyer will appreciate this exceptional workplace and its strong commitment to its core values. The firm’s unique culture demands effective communication and strong managerial skills, as both clients and employees expect a different experience compared to traditional accounting firms. A buyer with a coaching and mentoring disposition will thrive with the team and these niche clients, ensuring the continued success. A buyer does not need to be a CPA. A successful buyer will be a well-rounded business leader with the skills, temperament, and financial capital required to manage a high-growth business. The ideal buyer will also be forward-thinking, open-minded, and enthusiastic about running a very different kind of accounting practice. A buyer with a coach and mentor personality will excel with the team and these niche clients!
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