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Listing Number Location Annual Gross Asking Price Status
MS1024 Rankin County $90,000 $95,000 Sold


• Low owner time commitment (approximately 1,300 hours in 2014)
• Client mix: Although the practice does offer 1040 preparation, about 75% of fees are derived from business clientele
• Revenue mix: Desirably blended to include Write-up (approximately 47%), Tax (43%), 1 Audit/1 Review (2%), and Other services (8%)
• 2014 collections by quarter: Q1 – 28%, Q2 – 30%; Q3 – 20%; Q4 – 22%
• Excellent historical retention rate
• Assumable location with flexible leasing arrangements
• Transition assistance available

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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