Philadelphia Area (Bucks County) Tax and Accounting Practice

Sale Pending

Asking Price$700,000

Cash Flow
$330,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$520,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

PA-2094Save

Philadelphia Area (Bucks County) Tax and Accounting Practice


Sale Pending

Asking Price$700,000

Cash Flow
$330,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$520,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
SALE PENDING - ABA Advisors presents this venerable firm which was established almost 100 years ago and enjoys a reputation for outstanding client service. The firm is owned and operated by two CPAs who are both ready to retire. 63% (~$328,000) of revenue could be returned to a new single owner after replacing one of the CPAs. There are 185 high-quality 1040s prepared with an average fee of almost $1,000 each. Business returns average over $5,700 each.

The current office real estate is available separately for sale. The seller believes the firm could be relocated within the tri-county area. This single owner practice is a perfect opportunity for a CPA or EA who wishes to strike out on their own or for an existing firm looking to acquire a strong book of business.

The current owners have operated the firm for over 40 years and are pleased to assist in transitioning the clients and staff to a new owner. Firms of this quality and heritage rarely come to the market.
About the Business
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Retirement
Transition Support
The Seller will gladly work with the Buyer to transition the clients.
Listing Info
ID
2335426
Listing Views
1494

Contact Seller

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Business Listed by: Joshua Dennis ABA Advisors, LLC

Listing ID: 2335426 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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