Knoxville, Tennessee Tax & Accounting Practice for Sale

Asking Price$165,000

Cash Flow
$113,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$150,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Knoxville, Tennessee Tax & Accounting Practice for Sale


Asking Price$165,000

Cash Flow
$113,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$150,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Accounting and tax (CPA) practice for sale in Knoxville, Tennessee, southwest of downtown

Current year gross revenues are estimated to be approximately $150,000, comprised of accounting (approximately 23%); tax preparation for individuals (42%) and business entities (31%); and other professional services (4%)

Cash flow is strong at about 75% of gross revenue ($113,000 estimated cash flow for the current year)

Solid fee structure, with average return fees of about $350 for individuals and $1,500 for business entities

The owner will assist in transitioning clients to the buyer
About the Business
Website
https://accountingpracticesales.com/united-states/southeast/tennessee/20484-Knox
Listing Info
ID
2348027
Listing Views
1011

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Business Listed by: Lori Newcomer Accounting Practice Sales

Listing ID: 2348027 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.