Listing Number Location Annual Gross Asking Price Status
CO1075 Boulder $540,000 Sold

Description:

Retirement minded owner of this accounting and tax practice is ready to transition the business to a new leader after a successful 30+ years of operations. This is a nice year around consistent income business that generates a cash flow of approximately 67 percent. The revenue mix consists primarily of accounting services provided to 17 monthly, 33 quarterly and 12 annual clients (roughly 61 percent) and tax preparation services for around 125 individual returns, 63 S Corporations and 68 Partnerships (approximately 35 percent). The remaining revenues come from various consulting engagements, monthly technology access fees and other miscellaneous items. All of this is accomplished by the owner with the help of two employees. The owner and both employees are willing to participate in a gradual succession plan to help assure a successful transition of the clients to a new owner.

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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