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Professional, Scientific & Technical Services

Bilingual Tax Preparation

New Haven County, CT, USA
Listed 55 days ago

Profitable main street accounting business with growth potential! This Connecticut-based professional services business has served its community for more than 15 years and has built a strong local reputation supported by excellent customer reviews and long-standing client relationships. The company provides a diversified suite of tax, bookkeeping, business formation, administrative, compliance, and document-support services to individuals, small businesses, and commercial operators. A key strength of the business is its ability to generate multiple revenue streams from the same client base. Tax preparation customers can be cross-sold bookkeeping, business registrations, compliance support, and other recurring services, creating year-round customer touchpoints and reducing reliance on seasonal tax revenue. This integrated service model supports client retention, recurring revenue opportunities, and deeper penetration of existing client relationships. The business has demonstrated year-over-year revenue growth despite operating on a part-time basis, providing meaningful upside for a buyer who can dedicate greater attention to the operation. Growth opportunities include expanding service capacity, adding payroll services, increasing marketing efforts, extending operating hours, and implementing a more systematic cross-selling strategy across the existing customer base. The opportunity may appeal to a range of buyer profiles. An experienced professional can take a hands-on role in delivering and expanding services, while a more management-focused buyer can oversee a trained team and concentrate on business development and operations. The business may also be suitable for a buyer without prior industry experience, subject to applicable licensing or professional requirements, with appropriate training and transition support from the seller.

Location

This is a leased location of 900 square feet with a Total monthly rent of $1,500. Lease ends 04/2028.

Employees

2 independent contractors

Real Estate

Lease

Trading Hours

Hours of operation are M-F 12-6, and Sat 12-4.

Management Type

This business has absentee ownership.

Years Established

7

Support & Training

30 Days for 40 hours total

Size In Square Feet

900

Reason for Selling

Health Related

Financials

Asking Price
$400K
RevenueMost Recent Year
$288K
Earnings (SDE)Last Reported
$147K
Assets ValueIncluded in Asking Price
$30K
Seller Financing
Not available

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