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Now Available, Attractive Coral Gables Firm

Now Available, Attractive Coral Gables Firm

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: $294,000
  • 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.

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.

If you are interested in learning more about available listings, please contact Director of Franchise Sales, Chris Thomason.

Schedule a Meeting with Chris

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