Description:
• The owner is a CTEC • This practice was established in 1965 • Software in use includes ProSeries, QuickBooks, Windows 7 & 10 • Approximately 13 bookkeeping and payroll clients generating $7,200 in revenue • Approximately 1050 individual tax returns with an average fee of $410 per return • Approximately 10 business tax returns with an average fee of $900 per return • Approximately 10 other tax returns with an average fee of $800 per return • $6,000 +/- in revenue is generated via audit and review of tax returns, compilation, consulting, etc. • Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $192,000 • Lease expires in 2021