$160,000 accounting practice for sale in north Dallas/Frisco, TX area by ABA Advisors, LLC - Chuck Hayes
Asking Price: Not Disclosed Gross Revenue: $160,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
OVERVIEW - ABA Advisors represents this accounting practice located in the north Dallas/Frisco, TX area. The seller is willing to provide transitional assistance to the buyer to help ensure client retention.
THE PRACTICE - The practice has primarily individual tax clients, with some business returns, bookkeeping and payroll clients. The average 1040 is approximately $500 and the average business tax returns are over $1,000.
About the Business
Growth & Expansion:
The sale of this practice presents an opportunity to acquire a tax/accounting practice with solid average fees. This practice should allow a CPA/EA to strike out on their own or would be a great addition to an existing firm.
$160,000 N. Dallas/Frisco, TX Area – Accounting Practice For Sale
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