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Listing Number Location Annual Gross Asking Price Status
CO1108 Fort Collins $1,108,000 Sale Pending

Description:

- Two-owner CPA practice in Fort Collins, CO
- Demonstrated strong growth for several years
- 70% Tax Preparation (60% Individual; 35% Business; 5% Other); 21% Bookkeeping/Payroll; 9% Audits & Reviews
- Cash flow to owners before potentially duplicate expenses is 34% of gross revenue
- Significant upside potential for growth as the two owners only work 3,000 hours per year combined - Practice utilizes UltraTax and Quickbooks
- Ten full-time employees (5 CPAs, 1 CPA candidate, Bookkeeper, Payroll specialist, Receptionist, Office Manager); Five part-time employees (2 Senior Auditors, 2 Bookeepers, 1 Assistant)
- Owner-occupied office suite in great location; Sellers open to selling or leasing suite to buyer
- Owners are looking forward to retirement after long, successful careers
- Owners are available to assist buyer through an appropriate transition period to maximize knowledge transfer and client retention

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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