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SOLD: Profitable Solo Tax & Accounting Firm for Sale in Pensacola, FL

SOLD: Profitable Solo Tax & Accounting Firm for Sale in Pensacola, FL

Annual Revenue: $115,048

Firm Description: Located in the thriving and culturally rich city of Pensacola, this well-established solo practice presents a great opportunity for an aspiring firm owner or an established firm looking to expand their client base. The firm provides a strong mix of tax, accounting, and advisory services, with most interactions occurring in person. It also supports remote work for a number of long-time clients who reside out of state and continue to rely on the firm for tax services.
Pensacola offers a strong client base of small businesses and individuals, with a metropolitan population of over 500,000. The city boasts vibrant amenities such as minor league baseball, opera, symphony, Broadway traveling shows, and a range of local arts. In addition, this Padgett location includes the Gulf Shores/Orange Beach/Foley region, a growing area that provides abundant opportunities to expand services for small business owners and real estate investors.

Business Details:

  • Asking Price: $115,000
  • Total Annual Revenue (last 12 months): $115,048
  • Year Joined Padgett: 2009
  • Services: Tax (69% of Revenue), Accounting (29% of Revenue, including payroll), and Advisory (2% of Revenue) with business and individual clients.
  • Operations: Most client interaction is in person, but several long-time clients are serviced remotely, particularly for tax work.
  • Staff: The franchise owner is currently the sole employee and is willing to remain involved for a couple of months post-sale to ensure a smooth transition.
  • Office: Leased office space with access to shared conference room.
  • Software and Technology: Uses Thomson Reuters UltraTax and Accounting CS, as well as QuickBooks Desktop and Online.

Additional Information:

All firms in the Padgett network have access to our comprehensive support offerings including practice management, tax, technology, and marketing. Firms remain independent. Firm has highly effective digital presence for lead generation with SEO-optimized website, national Google Business Profile, national Google Ads campaign participation, and regularly updated Facebook page. Owner has access to trainings, one-on-one coaching, and year-round tax support.

We encourage you to contact us with any questions.

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