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Listing Number Location Annual Gross Asking Price Status
TXN1249 East Texas $215,000 $215,000 Available

Description:

Located in a desirable and growing East Texas community, this well-established, quality practice produces total annual revenues of about $430,000.  Business has been booming and the current owners are now looking to bring on a partner to purchase up to half of the practice.  The addition of a partner should allow the capacity for continued expansion and give one of the owners time to focus on a separate but related securities business.  The firm is highly-profitable, producing cash-flow to owners of more than 55% of gross, and revenues are nicely balanced between tax work (54%) and accounting services (46%) to provide year-round income.  Because this is a partnership opportunity, an individual will be able to buy an ideal-sized book of business, just over $200K in gross, with little to no retention/transition risk.  The buyer will also have a chance to realize additional income through a relationship with the securities side of the business, which is not included in this sale.

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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