Meridian Bookkeeping — 60 monthly clients
Listing ID #100010
Bookkeeping practice with sixty clients on monthly retainer and a 96% annual retention rate.
- Asking
- $410,000
- Revenue/yr
- $395,000
- Profit/yr
- $172,000
- Staff
- 3
- Age
- 13 years
About this business
Sixty clients on monthly retainers averaging $540, with retention at 96% over the last three years. Two part-time bookkeepers handle the work; the owner reviews and handles client contact.
Everything runs on cloud software and the practice has had no office since 2020, which is why the margin is what it is.
Business details
Financials
- Asking price
- $410,000
- Annual revenue
- $395,000
- Monthly revenue
- Not disclosed
- Annual profit
- $172,000
- Monthly profit
- Not disclosed
Audience
- Staff
- 3
The business
- Age
- 13 years
- Established
- January 2012
- Industry
- Accounting
- Country
- United States
- Location
- Remote — clients across Texas
Why it is being sold
The owner is joining a larger firm as a partner.
What's included
Client contracts, working papers, software licences and a three-month handover.
Growth opportunities
No advisory or payroll services are offered, both of which clients ask for regularly.
Ask about this business
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