Turnkey Tax and Accounting Firm - Toledo, Ohio

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Financial Details

Asking Price:
$319,900
Annual Revenue:
$314,788
Cash Flow / SDE:
$104,526
Profit Metric:
Total Income
Valuation Multiple:
3.1x
Location:
Toledo, OH, US
Sources:
Date:
September 24, 2025

Key Highlights

Long-standing reputation: Established in 1949 with an excellent track record.
Turnkey operation: Includes experienced staff and seller transition support.
Strong financials: Significant gross revenue and total income.

Description

This is a turnkey, full-service tax and accounting firm located in Toledo, Ohio. Established in 1949, the business boasts an outstanding reputation and has been under current ownership since 2004. The firm specializes in tax preparation and accounting services. The current owner is semi-retiring and is willing to stay on for an extended period to ensure a smooth transition, with most of the existing staff expected to remain. The premises are leased at $2,200 per month (including CAMS), with the lease expiring in August 2025. The business is being sold with no down payment required. The asking price is $319,900, with reported gross revenue of $314,788 and total income of $104,526. A CPA or Enrolled Agent license is required. This represents a well-established and reputable professional services firm.

Industry Information

Industry Description:
Professional Services
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:
76a2037a-567e-417e-bd93-11ca51b0621c
Source Listing ID:
24278
Deal Status:
For Sale
Last Updated:
September 24, 2025
Currency:
USD

Features & Tags

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Tags & Categories
Tax Accounting Professional Services Turnkey Established