Description:
• Long-established practice for sale in Dothan, Alabama • The practice derives its revenue from individual tax returns (86%) and accounting and tax preparation for business entities (14%) • 2021 gross revenues are estimated to be approximately $295,000 • Net cash flow to owner is approximately 44% • The firm enjoys a strong client retention rate of 95% • The owner time commitment takes place primarily during the Spring filing season, offering an attractive work/life balance for the majority of the year • The practice is poised for growth, as the owner is currently turning away new clients • Location is assumable, if desired • The practice is priced for a quick sale well below 1 times gross revenue, and the owner will finance the purchase