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Knoxville, Tennessee Tax & Accounting Practice for Sale
SOLD
Listing #: TN1082
Location: Tennessee
Type: TAX BOOKKEEPING PAYROLL
Annual Revenue: $195,000
Asking Price: $215,000
| Presented by: |
 |
| Lori Newcomer, CPA |
| Toll Free: 888-553-1040 x 2 |
Description:
• Tax and accounting practice for sale in Knoxville, northeast of downtown • Revenue mix: Accounting and payroll (35%) and tax services for individuals (28%) and business / other entities (37%) • Current year gross revenues are estimated to be approximately $195,000 • Net cash flow is unusually strong at approximately 80% of gross revenue • Relatively few clients require a tax interview • Location is assumable with landlord approval • The owner will assist in transitioning clients to the buyer
• Tax and accounting practice for sale in Knoxville, northeast of downtown • Revenue mix: Accounting and payroll (35%) and tax services for individuals (28%) and business / other entities (37%) • Current year gross revenues are estimated to be approximately $195,000 • Net cash flow is unusually strong at approximately 80% of gross revenue • Relatively few clients require a tax interview • Location is assumable with landlord approval • The owner will assist in transitioning clients to the buyer
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