Description
OFF-MARKET ‘Q2 2020
Steady Bookkeeping Roster $450k Gross in San Gabriel Valley
Seller Financing Available
Asking Price:
$Competitive Auction Format
Cash Flow:
$140,000
Gross Revenue:
$450,000
EBITDA:
N/A
FF&E:
N/A
Inventory:
N/A
Established:
2005
Business Description
The Company provides personalized and customized bookkeeping services for small to mid-sized businesses at a reasonable rate. In addition to bookkeeping services, the Company provides financial reporting services, management reporting services, controller services, application development services (designing database and spreadsheet applications for information needs that accounting software cannot effectively meet), and temporary accounting services.
The vision of the Company is “Big-Company Information for a Small-Company Budget”. It can deliver the accounting information typically available for larger businesses for a small business budget. The Company attracts businesses that are too large to only use simple bookkeeping services, but too small to be able to afford a full-time controller. It operates as a team to give its clients a wide range of services from simple clerical to CFO-level input. The Company charges a flat rate for services, and then automates as much as possible in order to maximize its effective hourly rate.
NDA {SUBMIT BELOW} is required for comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Employees:
5
Facilities:
Well-located in the San Gabriel Valley in the largest customer’s offices RENT FREE!!!
Competition:
The company has strong relationships with existing clients, and wins business from rival companies regularly.
Growth & Expansion:
Ideally market more. Seller has relied on referrals mostly.
Financing:
If the price and deal structure is right.
Support & Training:
As needed.
Reason for Selling:
Seller has already relocated out of state.