Listing Number Location Annual Gross Asking Price Status
CO1063 Durango $195,000 $235,000 Sold

Description:

Here's a nice established practice for someone looking to jump start going out on their own or for a long time practitioner looking to slow down to semi-retirement. Annual revenues are split between 11 monthly write-up accounts plus some periodic accounting and payroll work, providing approximately 44 percent of the income, with the balance coming from tax return preparation fees. Individual tax return fees amount to approximately 38 percent of revenues while corporate, partnership, estate, trusts and non-profits tax returns make up the remaining 18 percent. The owner occupied building is also available, either to lease or acquire, providing room for expansion as well as current rental income. The owner is willing to stay involved to help insure a successful transition of the clients and the present staff tax accountant could possibly be retained for another one or two tax seasons to help ease into taking over the workload.

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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return to: Colorado