Listing Number Location Annual Gross Asking Price Status
ME1021 Mid-Coast Maine (EA) $220,000 $225,000 Sold

Description:

• Located in desirable Mid-Coast Maine, within commuting distance of Portland
• Revenue mix: Tax preparation (83%), accounting and payroll reporting (15%), and other revenue (2%)
• The practice enjoys a strong client retention rate due to its reputation for providing quality service
• Revenues have grown steadily, and revenues are estimated at $220,000 in 2018
• Cash flow is excellent at approximately 60% of gross revenues
• The owner prefers to work for Buyer after closing, which should ensure a seamless transition and optimal client retention

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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