Association Bookkeeping Business With Monthly Contract Revenue - Business for Sale
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Community Association Bookkeeping Firm in Virginia
VA, US
Added 2 days ago
Community Association Bookkeeping and Administration Services
25 years in business
Community association bookkeeping and administration business serving homeowner and condominium associations in Virginia, providing outsourced financial and administrative services with a client base of approximately 75 associations.
Key Information
Asking
$750K
Revenue
$645K
Earnings
$221K
Multiple
3.4x
Key Highlights
- Business has operated for over 25 years.
- Customer base includes approximately 75 homeowner and condominium associations in Virginia.
- More than half of association clients have used the firm for over 25 years.
- Staff includes an operations director, association accountant, administrative specialist, and part-time inspector.
- Receivables averaged about three weeks of sales with negligible bad debt.
Contact Info
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