Seller prefers a local buyer as clients are not serviced remotely
• The owner is a CPA
• This practice was established in 2005
• Software in use includes Lacerte, QuickBooks, MS Office, CFS Tax Tools
• Approximately $91,000 in annual revenue, via bookkeeping (41 clients)
• Approximately $43,000 in annual revenue, via Payroll (34 clients)
• Approximately 685 individual tax returns with an average fee of $454 per return
• Approximately 141 business tax returns with an average fee of $1,174 per return
• Approximately 42 other tax returns with an average fee of $449 per return
• Approximately $38,000 in annual revenue, via Consulting, Review and Other services
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $356,000 (Projected 2025)
• Office is shared commercial space with multiple business suites throughout.