LOCATION, LOCATION, LOCATION of BUSINESS in SCENIC COASTAL SEASIDE, OREGON:
The building this accounting business operates in is 22 years old but in very good condition and well maintained, also has a health food store and
the local newspaper is in the same building. I have 1000 square feet which I pay $1,125 a month for until July then it goes up to about $1155 per mo.
That is considered to be dirt cheap for this area. It has a reception room, 4 offices, conference room, store room and bathroom.
It is located on the main highway going thru town, three blocks from broadway the main street going into downtown Seaside,
10 blocks from the beach. Other people on the highway are paying up to $3.50 a foot plus some even pay for upkeep and a percentage of sales.
My landlord owns the health food store, my lease runs until about 2012. I always have the option to renew for at least three years.
If anything goes wrong he fixes it immediately even though he has another health food store in Astoria and lives there.
INCOME:
My gross has risen steadily for the last three years and was $167,000 last year (up 9% from 07),
that is with just me and one other employee
I take in between $80k to $90k home plus other benefits you have when you're the boss.
PREREQUISITES:
To operate in Oregon you must be licensed as a CPA, PA, EA or Tax Consultant.
Oregon has reciprocal agreements with other states licenses - please contact the bureau of labor and industries for more information.
ABOUT THE AREA:
I play golf every nice day from april to october with several courses to choose from. You can surf, dig clams, catch dungeness crabs,
king salmon or rock fish within a short distance from the office.
We have a 1.7 mile promenade for biking, walking, jogging plus a sandy beach at least fifteen miles long.
House prices start in the 150k range. Rent averages about $800 a month for a decent place.
I'm asking $165,000 for the CPA accounting business (property not included) with at least
1/3 down with the rest over five years at 6% - cash may talk the price down.
I'm willing to work tax season for at least one year, maybe more, up to buyer, for a negotiable income reported to my corporation - so no payroll taxes.
My office girl (not licensed) has been here 15 years, does all payrolls, all e-files and many other simple returns besides
all the secretarial things like phone, fax, filing etc. Shes a real girl friday.
Will consider trades and partial trades of Raw land, Income property, Residential in a warmer climate or Yacht.
