Southern Colorado CPA Practice For Sale

Asking PriceNot Disclosed

Cash Flow
$134,160
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$344,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Southern Colorado CPA Practice For Sale


Asking PriceNot Disclosed

Cash Flow
$134,160
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$344,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
- Single-owner CPA practice
- 62% Tax Preparation (68% Individual; 27% Business; 5% Other); 31% Bookkeeping; 7% Payroll
- Cash flow to owner is 39% of gross revenue
- Significant opportunity for growth in this location; practice owner lives and operates a practice near Denver and travels part-time to this location
- Owner only spends 400 hours per year in practice
- Practice utilizes QuickBooks, Drake, and Clarity/iFirm
- 3 Employees – 1 CPA who manages office and new clients; 1 bookkeeper and payroll administrator; 1 administrative support person
- Office space is leased through April of 2024. New owner will need to assume lease.
- Owner desires to focus on primary practice near Denver
- Owner anticipates assisting buyer through an appropriate transition period to maximize knowledge transfer and client retention
About the Business
Years in Operation
14
Website
https://accountingpracticesales.com/united-states/west/colorado/13495-Southern+C
Listing Info
ID
1961967
Listing Views
1265

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Business Listed by: Kevin Overberg Accounting Practice Sales

Listing ID: 1961967 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.