Turnkey Full Service Tax and Accounting Firm in Toledo, Ohio

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Financial Details

Asking Price:
$319,900
Annual Revenue:
$314,788
Cash Flow / SDE:
$104,526
Profit Metric:
Total Revenue
Valuation Multiple:
3.1x
Location:
Toledo, OH, US
Source:
Date:
September 23, 2025

Key Highlights

Well-established turnkey accounting firm with a strong reputation since 1949.
Owner willing to stay for extended transition, retaining most staff.
Prime location in Toledo, Ohio with affordable rent and significant gross revenue.

Description

This listing presents a well-established, turnkey full-service tax and accounting firm located in Toledo, Ohio. Founded in 1949, the business boasts an outstanding reputation and has been under current ownership since 2004. The firm offers comprehensive accounting services and is being sold by an owner looking towards semi-retirement. Key operational highlights include a stable monthly rent of $2,200 (including CAMS) for 2600 sq ft, with the lease expiring in August 2025. The business is supported by a dedicated team, with 1 full-time and 4 part-time employees, most of whom are expected to stay post-acquisition. The seller is committed to ensuring a smooth transition, offering an extended period of support. Financials show a gross revenue of $314,788 and total revenue of $104,526, with an asking price of $319,900. A CPA or Enrolled Agent license is required to operate the business.

Industry Information

Industry Description:
Tax and Accounting Firm
Classification:
Financial Services

Operational Snapshot

Year Established:
1949
Employees:
5
Reason for Selling:
Semi-retirement

Real Estate & Lease

Status:
Leased
Monthly Rent:
$2,200 USD
Lease Expiration:
2025

Assets & Inventory

FF&E Value:
$0 USD
Includes FF&E:
No
Inventory Value:
$0 USD
Includes Inventory:
No

Broker Contact

Name:
Eric Iffland
Company:
First Choice Business Brokers
Phone:
(419) 318-7403

Listing Details

Listing ID:
542131d2-6676-446f-a13d-39273689a11c
Source Listing ID:
24278
Deal Status:
For Sale
Last Updated:
September 23, 2025
Currency:
USD

Features & Tags

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Tags & Categories
Accounting Tax Services Financial Services Established Business Turnkey