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Wilmington, DE (Semi-Virtual) Accounting & Tax Practice for Sale
Sale Pending
Listing #: DE5286
Location: Delaware
Type: TAX BOOKKEEPING Other
Annual Revenue: $1,380,000
Asking Price: $2,000,000
| Presented by: |
 |
| The Holmes Group |
| Toll-Free: 800-397-0249 |
Description:
This reputable Wilmington, DE based semi-virtual Accounting & Tax Firm for sale has annual gross revenues of approximately $1,380,000. The practice has cultivated a premier, nationwide client base consisting almost entirely of high-quality businesses and business owners that should continue to provide tremendous growth opportunities to expand services. The practice boasts an exceptionally strong fee structure and uses engagement letters based on a broad scope of services. Revenues are composed primarily of desirable bookkeeping/accounting services 70%, which provide dependable, steady income throughout the year and the remaining 30% is derived from profitable tax work. With their technology-focused approach and workflow processes, this has resulted in an efficient practice generating solid profits to owner near 50% of gross income.
This turn-key practice, complete with the infrastructure in place to provide for the smoothest of transitions, including a well-qualified staff, is ideal for a new owner looking to step into a first rate practice primed for growth. It would also be a profitable addition to or branch office for another firm looking to expand in this market area. Due to the nature of the practice and the fact that the clients are serviced remotely, a buyer has flexibility with regard to where the practice is located.
This turn-key practice, complete with the infrastructure in place to provide for the smoothest of transitions, including a well-qualified staff, is ideal for a new owner looking to step into a first rate practice primed for growth. It would also be a profitable addition to or branch office for another firm looking to expand in this market area. Due to the nature of the practice and the fact that the clients are serviced remotely, a buyer has flexibility with regard to where the practice is located.
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