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Colorado Springs, CO Single-owner, EA practice For Sale
SOLD
Listing #: CO1109
Location:
Type:
Annual Revenue: $386,000
Asking Price:
| Presented by: |
 |
| Kevin J. Overberg, CPA/PFS |
| Office: 720-988-4334 |
Description:
Single-owner EA practice . Consistent, long-term revenue base. 91% Tax Prep (82% Individual; 16% Business; 2% Other); 4% Bookkeeping/Payroll; 5% Other. Cash flow to owner before potentially duplicate expenses is a solid 57% of gross revenue. Practice utilizes Drake and Quickbooks. Employees: Prof'l one FT, one seasonal; Admin one PT yr-round, one seasonal seller anticipates all will stay with new owner. Long-term, assumable lease in place. Owner is looking forward to retirement after assisting buyer through an appropriate transition period to maximize client retention.
Single-owner EA practice . Consistent, long-term revenue base. 91% Tax Prep (82% Individual; 16% Business; 2% Other); 4% Bookkeeping/Payroll; 5% Other. Cash flow to owner before potentially duplicate expenses is a solid 57% of gross revenue. Practice utilizes Drake and Quickbooks. Employees: Prof'l one FT, one seasonal; Admin one PT yr-round, one seasonal seller anticipates all will stay with new owner. Long-term, assumable lease in place. Owner is looking forward to retirement after assisting buyer through an appropriate transition period to maximize client retention.
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