Durango Accounting & Tax Practice
| Listing Number | Location | Annual Gross | Asking Price | Status |
| CO1029 | Durango Area | $455,000 | New |
Description:
This is a well-established accounting and tax firm in a growing area of Colorado. The practice has been in business for eight years, having been started from scratch. Today the practice serves many business as well as individual clients and enjoys a referral only type practice. The annual revenues are comprised of approximately 33% monthly and quarterly bookkeeping fees, 50% business and individual tax related work with the remaining 17% derived from other services, most of which are on a recurring basis. The practice has shown very good growth and has the capacity and potential to continue growing at a 10 to 20 percent annual rate. Cash flow to the owner is approximately 50% of revenue. There is good staff in place and the owner will provide the transition support necessary to insure a successful experience for the buyer.
