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Listing Number Location Annual Gross Asking Price Status
TXC1066 San Antonio $700,000 Sold


 Sole Practitioner CPA tax and limited accounting services practice.
 Located in the vibrant north central area of San Antonio with excellent potential for practice growth.
 2017 revenues were $771K but a significant client is selling their business in 2018 resulting in the expected revenue decline. There will be 98 individual tax returns, 24 C/S Corp returns, 148 Partnerships, 38 Trusts and 177 Franchise tax returns to be prepared. The remaining revenue is from 6 compilations and 3 quarterly payroll tax reporting’s.
 Professional office space is available, and likely can be assumed by buyer for at least the next one or two tax seasons to facilitate client retention.
 Pro Series tax preparation software for business returns; Lacerte software for 1040’s.
 Negotiable financing options but very favorable 10-year bank financing for the majority of the transaction preferable to seller.

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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