Description:
• This practice derives more than half of its revenues from business / other entities across a broad range of industries (66%), and the remainder from individuals filing Schedule C (15%) and other individuals (19%) • The practice has grown steadily, and 2020 gross revenues are estimated to be approximately $270,000 • Solid net cash flow to owner of approximately 66% • Stellar client retention rate of 99% • The practice generates year-round income from accounting services, supplemented by a nice bump-up during tax season • The practice is poised for growth, with the owner currently turning away new business • The owner will assist in transitioning clients to the buyer