Description:
Estimated gross revenues are $100,000, derived primarily from tax preparation and monthly accounting. Revenue mix: Accounting (28%), tax preparation (71%), and other revenue (1%). Collections by quarter: Q1 39%; Q2 36%; Q3 14%; Q4 11%. The practice offers year around income from monthly accounting clients, but with tax season right around the corner, a buyer would step into the most plentiful cash flow of the year immediately after closing. Assumable location with good visibility and traffic generated by surrounding businesses. The owner will assist in transitioning clients to the buyer.