Hot Listing

Established Tax Preparation and Accounting Business

Asking Price$175,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$367,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Hot Listing

Established Tax Preparation and Accounting Business


Asking Price$175,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$367,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Many Longstanding Clients
This tax preparation and accounting practice serves over 400 clients across the United States and enjoys excellent return business. The seller wishes to sell this well-established book of business to an experienced CPA or EA who can accommodate 400-500 new clients within their existing practice. The seller is willing to make all necessary introductions for a new owner of the business but prefers to exit from active involvement soon thereafter. In addition to the modest cash paid for the business upfront, the seller wishes to be paid a share of 15% of gross billings on the portion clients that transfer to the new owner for two years following the sale of the practice.
About the Business
Years in Operation
31
Currently Relocatable
Yes
Facilities & Assets
No physical assets are included in the sale.
Market Outlook / Competition
There is a significant excess of demand for tax and accounting services compared to the number of service providers available.
Opportunities for Growth
The seller regularly turns down new client requests. The right buyer of this practice would need to have the capacity to take on as many as 500 new clients without the seller's continuing involvement in the business.
About the Sale
Seller Motivation
The seller wishes to work exclusively for one favorite small client.
Transition Support
The seller is willing to make necessary introductions for a new owner but is only interested in selling to an established EA or CPA.
Financing Options
The seller is not interested in seller financing.
Listing Info
ID
2379784
Listing Views
3104

Contact Seller

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Business Listed by: John Hornblower VR Business Brokers of Aspen/Snowmass, CO

Listing ID: 2379784 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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