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- Single-owner CPA practice in convenient location- 94% Tax Preparation (59% Individual; 38% Business; 3% Fiduciary); 4% Bookkeeping/Payroll; 2% Consulting- Cash flow to owner before potentially duplicate expenses is a solid 51% of gross revenue- Practice utilizes Lacerte and QuickBooks- One full-time administrative assistant; one part-time contract CPA- Office space is in prominent north Denver office building; assumable lease through mid-2019- 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 More info
CPA TAX Practice in great location near I-25 in Denver, Colorado. Practice grossed $ 1,353,340 in 2017 and should meet or exceed that in 2018. This practice has a Cash Flow to Owner of 41% of Gross Revenue (Cash Basis) and the seller is willing to continue on with a new firm for a few years. More info
This practice gross revenue for 2017 was $ 185,836 as reported on the cash basis tax returns. The practice is 45% write-up/bookkeeping/accounting and 55% income tax prep fees. 27 monthly, quarterly or annual accounting and bookkeeping services for businesses. There are 45 business tax returns and 60 individual tax returns with average fees of $ 1,200 for individuals and $ 650 for businesses. A full-time staff person wants to work for the new owner and she performs most of the accounting/bookkeeping and payroll tax returns. Seller prepares income tax returns. Seller recently sold his downtown Denver building he operated the CPA practice from and relocated to his commercial property at Evans More info
Well-established Accounting Practice with Tax Focus. More info