Description:
Clearwater/Largo accountant is selling his profitable accounting and tax practice.  The practice services consist of 62% accounting and 38% tax (59% individual returns and 41% business returns).  The estimated gross revenues and cash flows for 2015 are $140,000 and $100,000, respectively.  The selling price is $160,000.  The practice is in excellent location.  The owner will assist with the transition.  Note that approximately $55,000 of the revenue relates to Chinese clients. These clients can be separated from the others and sold separately.