VEN2298

Professional Registered Accounting Services Firm

Southeast US
 

A registered CPA firm that performs bookkeeping, outsourced accounting, payroll/PR tax, SALT tax, consulting, forecasting, and individual and business income tax services. The company’s primary goal is to help clients become more profitable and increase their cash flow by utilizing the client’s financial information to provide insights and understanding of results and operations. With these tools, clients are able to view multiple future scenarios and make strategic decisions that have a positive and long-lasting impact on profitability and cash flow. By adding value to the technical accounting services, they perform, they become a trusted advisor which results on long lasting and highly valuable client relationships.

Key Aspects:

  • Company name has a high degree of recognition and an excellent reputation in the industry for almost 20 years
  • High level of repeat business, as a result of its long-term customer relationships
  • Offers wide range of accounting and financial services clients can choose from to meet their needs
  • Provides paperless turn-key services, all of which are completed on-site at the company's headquarters
  • Seasoned management team, which has an average of 30 years of industry experience
  • Diversified revenue mix with growing margins and top and bottom lines
  • Two key niche business segments - high growth in the market area

    Opportunities:

    • Expand geographic reach to increase market share
    • Build upon the company's client base by implementing additional accounting and financial services
    • Develop a dedicated marketing and sales department to enhance business development initiatives
    • Prime location for future growth opportunities with multiple small business developments in the area
    • Grow and build on tax business to leverage software and systems for better profit margins for this segment
    • Installed new server and telecommunication system expanding the company's operational services
    • Scalable bolt-on opportunity for additional business consulting platforms
       
       
       
      Year:

      2015

      Tax Rtns

      '000

      2016

      Tax Rtns

      '000

      2017

      Tax Rtns

      '000

      2018

      Internal

      '000

      Turnover1,2931,2981,3251,552
      Gross Profit:1,2931,2981,3251,552
      Adj. EBITDA *486419406643
      * Earnings before interest, tax and depreciation (non-cash item)
       
      Bids Invited