Business Overview

This may be the BEST bookkeeping operation in all of Colorado! Leveraging experience, technology, and creativity this business provides clients with an efficient, reliable, and convenient suite of services that is 2nd to none!

Averaging $125,000 in cashflow over the last three years, and a current 2021 pace that will eclipse 2020 cash flow of $130,000, this is a business that you can count on! Expand your current operation or leverage your professional skills to buy and run your own business! Either way this is your chance to increase your income and benefit from the longstanding success of this outstanding bookkeeping services business.

There is a strong and diverse customer base of small businesses throughout Northern Colorado that have come to trust and rely upon the excellent services provided. Additionally, the client base continues to grow and receive more referrals from other happy clients.

Perhaps the most significant benefit to clients and the new owner is that this business is run remotely! While it is currently based in one of the most desirable and beautiful communities in the country, you can run this business from home, an office, or just about anywhere. With modern technologies and systems in place, there is no need to rent office space, unless you desire to do so or already have a location.

This business was established in 2013 and has been running strong ever since. While there is opportunity to offer additional services to the current clients if you wish, the core services currently offered have proven to be effective, efficient and highly profitable. The owner works in the business full time with the support of several other team members. Bookkeeping knowledge and experience will be ideal for the new owner.

Do you want to own a business that allows you the freedom and flexibility to fully enjoy one of the nation’s most beautiful places to live? Do you want a business that provides consistent and significant cash flow? Do you want a business that serves other small business owners? If so, this is the opportunity you’ve been looking for!

This business has been well run and is ready for a new owner to continue in its longstanding success. Further details will be made available to financially qualified prospects who commit to keeping the whole thing confidential. Contact us today!

Financial

  • Asking Price: $350,000
  • Cash Flow: $197,000
  • Gross Revenue: $203,022
  • EBITDA: N/A
  • FF&E: $800
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2013

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Home Based

Is Support & Training Included:

as negotiated

Purpose For Selling:

Pursue new opportunities

Home Based:

This Business Is Home Based

Additional Info

The venture was started in 2013, making the business 9 years old.

Why is the Current Owner Selling The Business?

There are all kinds of reasons people choose to sell operating businesses. Nevertheless, the genuine reason and the one they say to you might be 2 entirely different things. As an example, they might state "I have a lot of various responsibilities" or "I am retiring". For lots of sellers, these factors stand. But, for some, these might just be reasons to attempt to conceal the reality of altering demographics, increased competitors, current reduction in earnings, or an array of various other reasons. This is why it is very crucial that you not depend entirely on a vendor's word, however instead, use the vendor's solution in conjunction with your total due diligence. This will repaint a much more realistic picture of the business's present circumstance.

Existing Debts and Future Obligations

If the existing entity is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your deal. Numerous operating businesses take out loans so as to cover items such as supplies, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can indicate that revenue margins are too thin. Lots of organisations fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may likewise be future obligations to consider. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with vendors that need to be fulfilled or might lead to charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the location bring in new consumers? Often times, operating businesses have repeat clients, which create the core of their daily earnings. Particular elements such as brand-new competition sprouting up around the location, roadway building and construction, and also personnel turnover can affect repeat consumers and adversely affect future earnings. One vital point to consider is the placement of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Certainly, the more individuals that see the business on a regular basis, the better the possibility to develop a returning customer base. A last thought is the general area demographics. Is the business placed in a densely populated city, or is it situated on the edge of town? Just how might the regional average house income impact future income prospects?