Southwest of Birmingham, Alabama Tax Practice for Sale
 New
Listing #: AL5388
Location: Alabama
Type: TAX
Annual Revenue: $300,000
 Asking Price: $325,000
Presented by:
Lori Newcomer, CPA
Toll Free: 888-553-1040 x 2
Description:

• Long-established tax practice for sale southwest of Birmingham, Alabama in Jefferson County

• The practice has grown steadily, and 2024 gross revenues are estimated to exceed $300,000

• Revenues are comprised primarily of tax preparation for individuals, and the firm is poised for additional growth through expansion of services to include accounting and additional business tax preparation

• In recent years, the owner has successfully raised fees to market rates, resulting in healthy revenue growth coupled with significantly fewer returns to be completed than previously required

• As a new owner's time commitment would take place primarily during the Spring filing season, an owner could enjoy an attractive work/life balance for the majority of the year

• As the current owner is not active in the practice, a new owner could either a) maintain existing staff levels and realize a $100,000 annual return on investment, or b) trim staff by taking a more active role and generate annual cash flow of about $150,000

• Location is assumable

• Software in use includes Drake 

• The owner will assist in transitioning clients to buyer

• With a new owner generating up to $150,0000 during the Spring filing season, this would be a tremendous opportunity for buyer of all types

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