Description:
Accounting Practice Sales has been engaged by a retiring CPA to assist with the sale of their accounting and tax practice.   It is a well established 37 year firm located in the Columbus / Reynoldsburg area.     The practice revenue is comprised of monthly accounting (58%) that is billed on a monthly fixed fee method and a balanced mix of business returns (22%) and individual returns (20%).   Less than 275 returns are prepared.   The fees are competitive, profitability is above average (46%) and revenue is consistent.   The office is paperless.   Tax software being used is Pro Series and Easy Accounting for write-up and payroll.   Staff consists of a CPA candidate and a bookkeeper / receptionist.   Easily accessed, long standing office location is available for lease if needed.   The seller is available to transition through next tax season.