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Upper Cumberland, Tennessee CPA Practice for Sale
Listing #
TN5059
Location
Tennessee
Annual Revenue
$900,000
Asking Price
$910,000
Type
CPA TAX BOOKKEEPING
| Presented by: |
 |
| Lori Newcomer, CPA |
| Toll Free: 888-553-1040 x 2 |
Description:
• Accounting and tax (CPA) practice for sale in the Upper Cumberland region of Middle Tennessee (Cookeville area), about 90 minutes from Nashville, Knoxville, and Chattanooga
• Revenue mix: Accounting (approximately 41%); payroll (17%); tax services for individuals (24%) and business / other entities (15%); and other services (3%)
• Client mix: Approximately 75% of revenues are derived from business clientele representing a broad range of industries
• The practice enjoys a stellar client retention rate
• The practice experiences a steady year-round revenue pattern, making this a great practice to acquire any time of the year
• Experienced staff and technology are in place, and the location is assumable if desired
• Seller will assist in transitioning clients to the buyer and is open to working for buyer after closing, which should ensure a seamless transition and optimal client retention
• Only about 10% of individual tax clients required a tax interview during the most recent tax season
• Software in use includes Ultratax by Thomson Reuters and Quickbooks
• Please note that Buyer must be a CPA
• Revenue mix: Accounting (approximately 41%); payroll (17%); tax services for individuals (24%) and business / other entities (15%); and other services (3%)
• Client mix: Approximately 75% of revenues are derived from business clientele representing a broad range of industries
• The practice enjoys a stellar client retention rate
• The practice experiences a steady year-round revenue pattern, making this a great practice to acquire any time of the year
• Experienced staff and technology are in place, and the location is assumable if desired
• Seller will assist in transitioning clients to the buyer and is open to working for buyer after closing, which should ensure a seamless transition and optimal client retention
• Only about 10% of individual tax clients required a tax interview during the most recent tax season
• Software in use includes Ultratax by Thomson Reuters and Quickbooks
• Please note that Buyer must be a CPA
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