SOLD
Smoky Mountains, Tennessee Tax Practice for Sale
Listing #
TN1072
Location
Tennessee
Annual Revenue
$250,000
Asking Price
$275,000
Type
TAX
Presented by: |
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Lori Newcomer, CPA |
Toll Free: 888-553-1040 x 2 |
Description:
• Tax practice for sale in the foothills of the Smoky Mountains, Tennessee, an area that offers a wonderful quality of life and four-season charm • The practice focuses almost exclusively on tax preparation for individuals, and the practice is poised for growth through expansion of services to include additional accounting and business tax preparation services • Location is assumable, if desired • The owner is open to working for the buyer during the first tax season, which should provide for a seamless transition and optimal client retention • As the owner's time commitment takes place primarily during the Spring filing season, the owner enjoys an attractive work/life balance for the majority of the year • In the most recently completed year, the practice generated cash flow of $160,000 on gross revenues of $224,000 (70%+) • With the owner earning $160,000 almost entirely during the Spring filing season, this would be a tremendous opportunity for buyers of all types!
• Tax practice for sale in the foothills of the Smoky Mountains, Tennessee, an area that offers a wonderful quality of life and four-season charm • The practice focuses almost exclusively on tax preparation for individuals, and the practice is poised for growth through expansion of services to include additional accounting and business tax preparation services • Location is assumable, if desired • The owner is open to working for the buyer during the first tax season, which should provide for a seamless transition and optimal client retention • As the owner's time commitment takes place primarily during the Spring filing season, the owner enjoys an attractive work/life balance for the majority of the year • In the most recently completed year, the practice generated cash flow of $160,000 on gross revenues of $224,000 (70%+) • With the owner earning $160,000 almost entirely during the Spring filing season, this would be a tremendous opportunity for buyers of all types!
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