Listing Number Location Annual Gross Asking Price Status
CT1015 Hartford, CT Suburb $203,000 $235,000 Sold

Description:

• Exceptionally strong cash flow, well above average at 81% in 2014
• Excellent historical retention rate of approximately 98% in recent years
• Solid fee structure
• Revenue mix: Tax (approximately 89%), Accounting (5%), and Payroll reporting (6%)
• 2014 collections by quarter: Q1 – 36%, Q2 – 42%; Q3 – 10%; Q4 – 12%
• Located near a highway with easy access and ample parking
• Transition assistance available
• Priced well below 2 times 2014 cash flow!

To obtain additional information on this practice go to Request More Information and register with broker. You can also be placed on a free listing notification list. Not all information is included above due to confidentiality concerns. The information is provided by sellers and has not been audited or verified by Accounting Practice Sales, Inc. or any of its independent brokers. Buyers are responsible for their own due diligence before buying any practice. Buying and operating a tax or accounting practice involves a certain amount of risk and requires business experience and professional skills.

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