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Profitable Accounting and Tax Practice in Santa Fe, NM

Santa Fe, New Mexico (Santa Fe County)

Services - Engineering & Accounting | Services - Other Business Services

Asking Price $595,000 Inventory  
Gross Income $546,000 Real Estate $220,000** 
Cash Flow $127,000 Year Established 2001
FF&E $49,000* Employees 6

* included in the asking price

** not included in the asking price

Capital Advisors currently represents a profitable accounting and tax practice. The firm provides a wide variety of services to businesses and individuals including accounting & bookkeeping services, payroll service, tax preparation, tax planning, and business consulting. The practice is located in Santa Fe, New Mexico. There is a well qualified staff in place. The firm had total revenues of approximately $546,000 in 2008 and $547,000 in 2007. The client load continues to be strong and well diversified. The owner is willing to consider financing a portion of the business purchase price to a well qualified buyer, with personal collateral. The real estate should be financed through traditional means.

Facilities: The business is currently housed in a 1,192 square foot office that is available for purchase in conjunction with the business. The office is in a good central location off a main road with ample parking. The real estate is being offered at $220,000. The owner will sell the business without the real estate or lease the real estate to the new owner at market rate.

Competition: The firm has a strong reputation in the community and is well positioned due to the reputation and quality of work. Previous customers provide a large amount of repeat business as well as new referral business.

Growth/Expansion: The practice serves many local businesses as well as individual clients. The new owner can expand by offering services to an expanded geographic area and/or offering additional services. If the practice were to be purchased by a CPA the firm could offer CPA review and audit services.

Financing: The owner is willing to consider financing a portion of the business.

Support/Training: The owner is amenable to providing transition support to the new owner.

Reason Selling: Owner wishes to pursue other interests.

Business For Sale By

Steve Hardy

505-216-5155

Capital Advisors

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