Durango, CO Tax Practice For Sale

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Asking Price:
 Not Disclosed

Gross Revenue:
$241,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

? Single-owner EA tax practice
? Long-term, stable client base with strong referral opportunities
? Revenues are primarily Tax Preparation Services (69% Individual; 28% Business) with Tax Planning & Consulting Services (3%) accounting for the balance. Great potential to add additional services, especially write-up work, and financial planning engagements as well
? Cash flow to owner is 63.5 % of gross revenue before potentially duplicate expenses
? Practice utilizes Drake and Quickbooks software
? One seasonal tax preparer paid on production based commission
? Office space is professionally appointed leased space
? Owner is looking forward to retirement after a long, successful career
? Owner anticipates assisting buyer through an appropriate transition period to maximize knowledge transfer and client retention

About the Business

Location:
Durango, Colorado

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Listing Info

ID:
1543030
Ad Detail Views:
376

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Business Listed by

Accounting Practice Sales

Accounting Practice Sales
License# Sherif Boctor CalBRE# 01151736

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