Abilene, TX Tax & Accounting Practice for Sale

Sale Pending

Asking Price$500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$495,700

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Abilene, TX Tax & Accounting Practice for Sale


Sale Pending

Asking Price$500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$495,700

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
This well-established, reputable tax and accounting practice for sale in Abilene, TX has annual gross revenues of about $496,000. It is built on a strong foundation of recurring revenue, with no audit or attestation work required. The practice is heavily focused on profitable tax services, which make up 61% of gross income, with another 28% from accounting work, and 11% from other services. With a diverse client base, composed of a nice mix between individuals and businesses, the firm generates strong year-round cash flow. There is also room to expand by offering value-added services, including monthly bookkeeping services, which are frequently requested by clients and currently outsourced to an out-of-state provider. The practice has a solid fee structure with room to implement reasonable increases for immediate growth of the bottom and top line. There is experience staff in place to help effect a smooth transition and the seller would be willing to work for the buyer "behind the scenes" after facilitating the transition if extra capacity is desired.
About the Business
Years in Operation
7
About the Sale
Seller Motivation
Retirement
Listing Info
ID
2367987
Listing Views
530

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Business Listed by: Bradley Holmes Accounting Practice Sales

Listing ID: 2367987 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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