Motivated buyers: Well established tax preparation business since 1980
Owned and operated by my husband who suddenly passed away.
I am looking for an excellent tax preparer with integrity to take over the clients immediately.
All records for past few years on Ultratax (can put on a flash drive) and have paper records as well.
Many clients have called and emailed and are looking to me for a recommendation.
The work was performed primarily virtually with very few face to face consultations.
Less than five businesses and less than twenty out - of - state tax returns (these are approximations).
Primarily personal tax preparation.
This is really combined clients from two practices, as my Father-in-law passed away two years ago and my husband took over his clients for the last two years.
Asking price low - or negotiable - for a small percentage per tax return completed this year - or willing to hear other options/models of purchase.
About the Business
Number of Employees:
Approximately 300 clients in the database - unsure the number of active/completed returns for 2015 and 2016 the gross revenue of $48,000-$51,000 reflects - but I can find this out. Ultratax records for prior years through 2017 returns filed in 2018. Paper records No other assets
Growth & Expansion:
Unknown - but he did receive new clients every year from word of mouth with a very loyal client base.
Death of Owner - My husband (owner)suddenly passed away
None - I can introduce or send a letter/email wording to put in with your introduction; but can offer no training or support other than am always available for questions. I can bring the paper files to you - or ship.
Ad Detail Views:
Asking Price: Not Disclosed Gross Revenue: $50,000Cash 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.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.