|Listing Number||Location||Annual Gross||Asking Price||Status|
|CO1046||SE Denver Metro||$257,000||Sold|
Great CPA practice in a highly desirable section of the greater Denver area. Very professional, yet casual, offices in a prime office building. The majority of client services are for small businesses and their owners related tax returns. Just over 20 accounting clients served on a monthly, quarterly or annual basis account for approximately 19 percent of annual gross revenues. There are approximately 340 business and individual tax returns to be prepared which brings in about 71 percent of gross practice fees. Payroll, sales tax and other services account for the remaining revenues. Cash flow is nearly 60 percent. Very strong year-over-year growth with potential to continue at the same or greater rate.
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