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? Sole-owner tax and accounting CPA practice in vibrant Colorado Springs, CO (just named the best city in the USA in which to live)? Very stable, strong revenue stream with modest growth the past few years? Tax return preparation services are approximately 64% Individual returns, 32% Business returns and 4% Fiduciary returns? Just over 200 accounting services relationships including write-up, payroll and sales tax returns, accounts payable processing and monthly or quarterly compilations? Cash flow to owner before potentially duplicate expenses is 29% of gross revenue with potential for improvement with restructuring and/or consolidation with another practice to achieve efficiencies of More info
- Successful CPA firm looking to sell a portion of its client list - All clients being sold are accustomed to online service delivery using Quickbooks Online and video meetings, screen sharing etc. - Seller business model has changed to focus on project-based tax planning clients rather than monthly service clients- 23 client relationships averaging over $7,000 per relationship- Most are S Corporations & related individuals (90%); plus a few C Corporations (6%); and individuals (4%)- 18 of the 23 relationships provide monthly revenue stream which averages nearly $13,000 per month.- Tax software is Ultratax More info
ABA Advisors represents this CPA practice located in Colorado Springs, CO. The seller is willing to provide transitional assistance to the buyer to help ensure client retention.The practice has a nice mix of individual tax and business clients. Average fees are solid for a practice of this size and should net more than 60% to the Buyer that purchases the business. More info
- Single-owner EA practice - Consistent, long-term revenue base- 91% Tax Prep (82% Individual; 16% Business; 2% Other); 4% Bookkeeping/Payroll; 5% Other- Cash flow to owner before potentially duplicate expenses is a solid 57% of gross revenue- Practice utilizes Drake and Quickbooks- Employees: Prof'l - one FT, one seasonal; Admin - one PT yr-round, one seasonal - seller anticipates all will stay with new owner- Long-term, assumable lease in place- Owner is looking forward to retirement after assisting buyer through an appropriate transition period to maximize client retention More info
Are you ready to start a lucrative career as a Certified Franchise Consultant? Start your own business at the lowest price in the industry today. Only $19,900. More info
- Single-owner CPA practice in vibrant, growing community- Demonstrated growth for several years- 92% Tax Preparation (63% Individual; 31% Business; 6% Other); 8% Bookkeeping/Payroll- Cash flow to owner before potentially duplicate expenses is a strong 60% of gross revenue- Practice utilizes UltraTax and Quickbooks- 2 long-time CPA employees - 1 FT year-round; 1 PT seasonal; both are aware of pending sale & are committed to stay with buyer- Office suite includes three offices, kitchen and reception in easily accessible location- Owner is looking forward to retirement after a long, successful career- Owner anticipates assisting buyer through an appropriate transition period to maximize More info