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Now Available, Attractive Coral Gables Firm

Own a flourishing tax and accounting practice in the attractive and competitive market of Coral Gables, Florida. Coral Gables is renowned for its beautiful weather, thriving tourism, close proximity to Miami, and a plethora of small businesses. This established firm with impressive longevity boasts a stellar reputation and is an ideal investment opportunity for accountants seeking a lucrative business with a diverse clientele, year-round revenue, and very promising growth prospects.

    • Southeast
    • $235K
    • Accounting, Advisory, Payroll, Tax

Annual Revenue: $235K

Firm Description: Own a flourishing tax and accounting practice in the attractive market of Coral Gables, Florida, known for its beautiful weather, thriving tourism, proximity to Miami, and a plethora of small businesses. This firm with impressive longevity boasts a stellar reputation and is an ideal investment for accountants seeking a lucrative business with a diverse clientele, year-round revenue, and very promising growth prospects.

Business Details:

  • Asking Price: $258,000
  • Total Annual Revenue (last 12 months): $235,400
  • Year Joined Padgett: 1997
  • Services: Tax (55% of Revenue), Accounting (42% of Revenue), Payroll (2% of Revenue), Advisory (1% of Revenue). Accounting & Tax clients are mainly local and in-person.
  • Staff: Three part-time employees likely to remain after transition.
  • Remote Operations: Hybrid setup with many local clients preferring to be handled remotely. Three-quarters of staff are fully remote.
  • Transition Support: Owner is willing to provide any support needed to achieve a smooth transition.
  • Office:Office space is leased in heart of the Coral Gables business & entertainment district. Walking distance to several clients and banks. Lease can be renewed after May 2025 with below market rent and a new building owner eager to renew leases.
  • Timeline: Seller is ready to move quickly; inquire soon
  • Software and Technology: Utilizes UltraTax, ACS, and Xero with some occasional QuickBooks for seamless operations.

We encourage you to contact us with any questions.

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