SOLD
Mid-coast Maine Tax & Accounting Practice for Sale
Listing #
ME1021
Location
Annual Revenue
$220,000
Asking Price
$225,000
Type
Presented by:
Lori Newcomer, CPA
Toll Free: 888-553-1040 x 2
Description:
Located in desirable Mid-Coast Maine, within commuting distance of Portland . Revenue mix: Tax preparation (83%), accounting and payroll reporting (15%), and other revenue (2%) . The practice enjoys a strong client retention rate due to its reputation for providing quality service . Revenues have grown steadily, and current year revenues are estimated at $220,000 . Cash flow is excellent at approximately 60% of gross revenues . The owner prefers to work for Buyer after closing, which should ensure a seamless transition and optimal client retention.
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