Waterloo Area Tax & Accounting Practice for Sale
SOLD
Listing #: IA1077
Location:
Type:
Annual Revenue: $53,000
Asking Price: $58,000
Presented by: |
The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This Tax & Accounting Practice located in the Waterloo Area has gross revenues to be sold of approximately $53,000. Revenues are nicely balanced between accounting services (61%) and tax work (39%) to provide year-round income. The well-established, quality client base includes a good amount of business clients, which should offer plenty of opportunities for expansion of services and continued growth through referrals. Although the employees will not be transferring with the practice, the owner is available to assist with transition if desired in order to ensure a smooth transition. Â There is a solid fee structure in place generating strong cash flow to owner around 57% of gross. This is a perfect opportunity for an individual ready to jump into practice ownership with an established book of business or an easy and profitable addition for an established practice looking to expand.
This Tax & Accounting Practice located in the Waterloo Area has gross revenues to be sold of approximately $53,000. Revenues are nicely balanced between accounting services (61%) and tax work (39%) to provide year-round income. The well-established, quality client base includes a good amount of business clients, which should offer plenty of opportunities for expansion of services and continued growth through referrals. Although the employees will not be transferring with the practice, the owner is available to assist with transition if desired in order to ensure a smooth transition. Â There is a solid fee structure in place generating strong cash flow to owner around 57% of gross. This is a perfect opportunity for an individual ready to jump into practice ownership with an established book of business or an easy and profitable addition for an established practice looking to expand.
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