Pascagoula, Mississippi Area Tax & Accounting Practice for Sale
SOLD
Listing #: MS1035
Location: Mississippi
Type: TAX EA BOOKKEEPING
Annual Revenue: $180,000
Asking Price: $150,000
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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