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Listing Number Location Annual Gross Asking Price Status
V1002 Virtual (Tax and Accounting) $310,000 $415,000 1 New

Description:

• The owner is an EA
• This practice was established in 2015
• Software in use includes Cloud-based software, QBO, QBDesktop, Xero, WaveApps
• Approximately 58 bookkeeping clients, generating $122,312 in revenue
• Approximately 202 individual tax returns with an average fee of $200 per return
• Approximately 60 business tax returns with an average fee of $802 per return
• 2017 Revenue generated by other tax returns was $87,162
• $12,420 +/- revenue is generated via (consulting, payroll, audit, etc.)
• Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $216,000
• Lease expires in N/A. Virtual office.

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