SOLD
Pascagoula, Mississippi Area Tax & Accounting Practice for Sale
Listing #
MS1035
Location
Mississippi
Annual Revenue
$180,000
Asking Price
$150,000
Type
TAX EA BOOKKEEPING
Presented by:
Lori Newcomer, CPA
Toll Free: 888-553-1040 x 2
Description:
  • Tax and accounting practice for sale in the Pascagoula, MS area, which was recently ranked in Nasdaq’s Top 5 Cities for Families in the Southeast
  • Revenue mix:  Tax services (approximately 61%); monthly/quarterly accounting (32%); and other business services (7%)
  • The firm has experienced strong growth, with prior year revenues of $188,000 and current year estimated gross revenues of $180,000
  • Cash flow is solid at approximately 54% of gross revenue
  • The owner will assist in transitioning clients to the buyer, and the location is assumable with landlord approval
  • Priced well below 1 times gross revenue to facilitate a sale this year
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