Memphis, TN Suburb / Northwest Mississippi CPA Practice for Sale

Asking Price$410,000

Cash Flow
$280,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$410,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Memphis, TN Suburb / Northwest Mississippi CPA Practice for Sale


Asking Price$410,000

Cash Flow
$280,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$410,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
• Quality accounting and tax practice for sale in a Memphis, Tennessee suburb in Northwest Mississippi

• Revenues are desirably blended to include accounting (approximately 44%) and tax services for individuals (36%) and business / other entities (20%)

• Current year gross revenues are estimated to be approximately $410,000

• The practice is highly profitable, generating stellar cash flow of about 69% ($280,000 estimated for the current year)

• Solid fee structure with average return fees of about $385 for individuals and $1,000 for business entities

• Software in use includes UltraTax by Thomson Reuters

• Location is assumable, if desired

• The owner will assist in transitioning clients to the buyer and is amenable to working part-time for buyer during the first tax season
About the Business
Website
https://accountingpracticesales.com/united-states/southeast/mississippi/20681-Me
Listing Info
ID
2382489
Listing Views
173

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Business Listed by: Lori Newcomer Accounting Practice Sales

Listing ID: 2382489 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.