Established Home-Based Accounting Practice - Westminster, CO
This well-established accounting practice, operating continuously since 1996, presents an exceptional opportunity for an entrepreneur seeking a profitable home-based business. Located in Westminster, Colorado, this specialized practice serves a unique niche market of housing authorities and non-profit organizations.
Business Overview:
The practice generates $100,000 in annual revenue with matching cash flow of $100,000, demonstrating strong profitability and efficient operations. Currently serving nine established clients, the business focuses exclusively on fee-based accounting services without tax preparation, creating a streamlined service model.
Key Strengths:
• Nearly 28 years of continuous operation with established client relationships
• Specialized niche serving housing authorities and non-profits with minimal competition
• Home-based operation providing excellent work-life balance and low overhead
• Strong cash flow margins indicating efficient business model
• Loyal customer base requiring ongoing accounting services
• Two-person operation allowing for manageable workload
Growth Potential:
Significant expansion opportunities exist through adding tax preparation services and acquiring additional clients. The specialized nature of the clientele and lack of direct competition provides a strong foundation for growth.
Support & Training:
The retiring owner offers comprehensive training on servicing each customer, ensuring smooth transition and continuity of service quality.
Financing:
Seller financing available with favorable terms: no payments during training period, followed by $4,000 monthly payments until satisfied.
This turnkey opportunity offers immediate cash flow, established client relationships, and substantial growth potential in a recession-resistant market segment. Perfect for someone seeking a stable, profitable home-based business with expansion possibilities.
Ad#:2395936