About This Practice
This is a very desirable well-established full-cloud bookkeeping practice. The practice has a very strong yet well-managed year-over-year growth trend (29+%) earned by providing excellent customer service and high value to clients. Current year revenue projection is right on trend and fully trackable with 100% of revenue being subscription monthly recurring. Year-over-year profit is strong at ~53% (2022) and tracking on par for current year. Team members are highly capable, reliable, committed, and personable, a qualities combination that is very difficult to find in the industry today. The owners have curated a portfolio of ideal clients.
Client industries are diverse, stable, and lucrative. The practice has earned an outstanding reputation leading to regular referrals from existing clients and industry colleagues. Operations are streamlined and efficient through the use of leading industry platforms, applications, and software. This is an excellent turn-key opportunity for several Buyer scenarios including a Buyer who’s looking to acquire a future-ready cloud practice, a Buyer who’s looking to add a proven bookkeeping service line to their existing operations or vice versa, or a Buyer who’s looking to add a solid cloud client portfolio into their existing cloud practice. This cloud practice is future-focused and ready for ongoing growth – an amazing opportunity to fast-track immediately into your future!
The ideal Buyer will be very familiar with and have experience in cloud operations. Strong general business knowledge is also essential, particularly the ability to lead and grow a team. As operated, no designation is required for a Buyer, however a Buyer will require strong bookkeeping expertise and experience; a CPB designation or other would be an asset. Beyond technical requirements, the Buyer will have a passion for the profession of bookkeeping. Equally, a Buyer who fully understands the importance of recognizing client needs, and the importance of providing client care and value, will align with the fundamentals on which this practice has been built.
A Buyer will recognize this as a rare opportunity to acquire such a streamlined, established, future-focused, and turn-key cloud bookkeeping practice!
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