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Long established tax and tax representation practice. About $100,000 of fees are from tax return preparation and about $447,000 of fees are from tax representation. When owner is engaged to provide tax representations services the new client generally pays fees as they are earned over a six month period. Owner estimates that currently there are about $45,000 per month in new client fees set up for next six months (6 * $45,000 = $270,000) from about 200 new clients. This could be vouched by buyer during due diligence. With the asking price at $300,000, and $270,000 in new client fees estimated to be received on about 200 newly engaged clients, this could be an interesting deal. Do the math - this could be an interesting deal.
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