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Virtual (Colorado Based) Bookkeeping & Tax Practice
SOLD
Listing #: CO1181
Location: Colorado
Type: CPA TAX BOOKKEEPING
Annual Revenue: $349,000
Asking Price:
| Presented by: |
 |
| Kevin J. Overberg, CPA/PFS |
| Office: 720-988-4334 |
Description:
• Single-owner bookkeeping and tax practice providing service virtually • 85% Bookkeeping, 15% Tax Preparation (36% Individual; 64% Business) • Cash flow to owner is 18% of gross revenue; however, significant potential for improvement • Practice utilizes QuickBooks (Online and Desktop), Oracle, NetSuite, Proconnect, RightNetworks, Intuit Practice Management, Paperless Overnight, Cognito Forms, SmartVault • 1 accounting manager, 1 payroll manager, 2 FT and 1 PT senior accountants. • Office is virtual and all employees provide service remotely from respective home offices • Owner has decided to pursue a new business opportunity with spouse • Owner anticipates assisting buyer through an appropriate transition period to maximize knowledge transfer and client retention
• Single-owner bookkeeping and tax practice providing service virtually • 85% Bookkeeping, 15% Tax Preparation (36% Individual; 64% Business) • Cash flow to owner is 18% of gross revenue; however, significant potential for improvement • Practice utilizes QuickBooks (Online and Desktop), Oracle, NetSuite, Proconnect, RightNetworks, Intuit Practice Management, Paperless Overnight, Cognito Forms, SmartVault • 1 accounting manager, 1 payroll manager, 2 FT and 1 PT senior accountants. • Office is virtual and all employees provide service remotely from respective home offices • Owner has decided to pursue a new business opportunity with spouse • Owner anticipates assisting buyer through an appropriate transition period to maximize knowledge transfer and client retention
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