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This is a very rare opportunity to acquire a bookkeeping and accounting business. A CPA license is NOT required to own and operate it since they do not do any income tax work.
The revenue is nearly all recurring and the compound annual growth rate has been nearly 20% for the past 4 years. The growth rate has accelerated to 34% in 2018. The trailing-twelve-month revenue ending April 2019 is nearly $2.4 million. Owner earnings for the same period exceed $750,000.
Revenue in 2018 is above $2.1 million which is up from under $1.6 million in 2017. 2019 is poised to be a record year for revenue and profit.
The right buyer is a professional or company that has a strong background in bookkeeping and/or corporate accounting. The company manages books for businesses in a variety of industries including law firms, real estate, apparel, health and fitness, software and many other industries.
The revenue is well distributed amongst its client base. No single customer exceeds 6.5% of its revenue.
This is a recession-resistant business for a qualified buyer. Although the customer base is primarily in California, it can eventually be relocated.
This is a highly confidential matter. No information will be provided without a signed confidentiality agreement and a completed financial profile demonstrating the financial wherewithal to consummate a transaction. If there is interest, please contact Bob Grewal at for a confidentiality agreement and profile form.
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