Thriving Tax & Accounting Firm in Youngstown, OH Area
Financial Details
- Asking Price:
- $475,000
- Annual Revenue:
- $478,000
- Cash Flow / SDE:
- $237,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 2.0x
- Location:
- Youngstown, OH, US
- Source:
- Date:
- September 16, 2025
Key Highlights
Description
This established, four-decade tax and accounting firm, located in the Youngstown, OH area, is a thriving business opportunity. With a strong revenue of $478,000 in 2024 and approximately $237,000 in cash flow returned to the owner, this practice offers significant profitability. The core services, business tax and accounting, constitute nearly 77% of revenue, with a substantial portion derived from recurring monthly or quarterly accounting work. The firm boasts a diversified client base, ensuring stability as no single client accounts for more than 10% of revenue. The existing team includes a well-qualified CPA, an experienced Office Manager, and a Receptionist, all of whom are aware of the sale and expected to remain with a new owner. The seller is committed to a smooth transition, offering to assist with client handover and is willing to continue working up to 25 hours per week. This practice is an ideal acquisition for a CPA looking to establish their own firm or for an existing firm seeking strategic growth. The business is not a franchise and real estate is not included in the sale.
Industry Information
- Industry Description:
- Accounting and Tax Practices
- Classification:
- Financial Services
Operational Snapshot
- Year Established:
- 1985
- Employees:
- 3
- Reason for Selling:
- Retirement/Transition
Real Estate & Lease
- Status:
- Not_included
Listing Details
- Listing ID:
- 9d869efa-f136-44f1-b532-3c32cad58bb7
- Deal Status:
- For Sale
- Date Posted:
- October 29, 2023
- Last Updated:
- September 16, 2025
- Currency:
- USD