Business Overview

Private Practice Transitions is assisting a leading retirement plan service business which provides retirement plan administration and operates a FinTech platform for workplace retirement plans and individual retirement accounts with the transition of their firms. With multiple office locations in the midwest, the Business provides services to clients across the country and, as such, can scale in every major market with the right partner. The Business is technology forward, utilizing a unique FinTech platform in providing client service and solutions to approximately 2,000 organizations in all market sectors and industries throughout the United States. Over the past three (3) years, the Business has seen exciting growth based on both strategic acquisitions and organic business development, with a large increase in gross revenue projected in over the next few years. The owners’ projected gross revenue for the company will exceed $20 million by 2023 with estimated EBITDA surpassing $6.1 million. To take advantage of this exciting opportunity, call us at 253.509.9224 or, send an email to, with “1176 Thriving FinTech & Retirement Plan Administration Business” in the subject line.


  • Asking Price: N/A
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: $3,100,000
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals decide to sell operating businesses. However, the true reason and the one they say to you may be 2 totally different things. As an example, they might claim "I have a lot of various obligations" or "I am retiring". For many sellers, these factors stand. But also, for some, these may simply be reasons to attempt to hide the reality of changing demographics, increased competitors, recent reduction in revenues, or an array of other factors. This is why it is extremely vital that you not rely absolutely on a seller's word, yet instead, use the vendor's response combined with your overall due diligence. This will paint an extra reasonable picture of the business's present scenario.

Existing Debts and Future Obligations

If the current entity is in debt, which numerous businesses are, then you will certainly need to consider this when valuating/preparing your offer. Many operating businesses borrow money with the purpose of covering items like stock, payroll, accounts payable, so on and so forth. Keep in mind that sometimes this can mean that earnings margins are too thin. Lots of businesses fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may additionally be future commitments to take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with vendors that must be fulfilled or may lead to penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the location draw in new consumers? Often times, businesses have repeat consumers, which form the core of their everyday profits. Certain aspects such as brand-new competition sprouting up around the area, road building, and staff turnover can affect repeat consumers and negatively affect future profits. One essential thing to take into consideration is the location of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Undoubtedly, the more people that see the business often, the better the opportunity to develop a returning consumer base. A last idea is the general area demographics. Is the business situated in a densely inhabited city, or is it located on the outskirts of town? Just how might the regional median house income impact future income potential?