Thriving Tax & Accounting Firm in Youngstown, OH Area

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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

Thriving four-decade firm with strong revenue of $478,000 and owner cash flow of $237,000.
Diversified client base with no single client over 10% of revenue.
Experienced staff in place (CPA, Office Manager, Receptionist) willing to stay, with seller offering transition assistance.

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

Features & Tags

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