Listing Number Location Annual Gross Asking Price Status
CAS1468 Southern California (Tx Rsl) $3,300,000 $3,350,000 Sold

Description:

This is a tax resolution practice, on track for $3,300,000 gross this year with net cash flow of $750,000 to the owner. The breakdown of revenue consists of 50% offer-in-compromise and the other 50% is a mix of installment agreements, penalty abatements, tax preparation, audit representation, and research. This firm opens up the best possible options for clients through these services. There is recurring revenue through tax preparation and this base is growing every year without any marketing specific to tax preparation. The tax prep work is typically for clients who used the firm’s resolution services.

Marketing is key to the growth and success of this firm. They have a proven formula which results in the best return on every marketing dollar spent. This consistent investment in marketing continues to be the key driver of new client acquisition and has been critical to the overall success of the firm. The staff consists of enrolled agents, attorneys, a sales team, and office manager. This is a turn-key opportunity… an opportunity more in-line with a business one would work-on vs. work-in. The owner handles very few cases personally so he can spend time on management and business development.

In addition, this very attractive opportunity includes approximately $1.5 Million in receivables that is included as part of the purchase price. The receivables represent committed clients enrolled in services that have already made at least their initial down payment. The balance represents the remaining amount owing on the work to be done in order to complete their case.

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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