Listing Number Location Annual Gross Asking Price Status
NM1058 Southeast New Mexico $378,000 $375,000 Sold

Description:

This very well-established Accounting and Tax practice we have listed for sale in Southeast New Mexico has annual gross revenues of approximately $378,000. The practice has been providing comprehensive tax preparation, accounting and payroll services to a loyal client base of individuals and businesses in the local community for over 3 decades. There is a good fee structure in place and the practice generates strong cash flow to owner in excess of 60% of gross. The revenues are nicely mixed between accounting services (45%), tax work (41%) and payroll services (14%) providing steady year-round income. This practice would be the perfect size and opportunity for an experienced accountant ready for practice ownership and could be easily transitioned to any office in and around the area. It would also make a nice, profitable addition to an existing firm in the area looking to expand.
Additionally, the seller is flexible and would be willing to work with the buyer through the first tax season, if desired, to help ensure a smooth transition and maximum 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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