SOLD
Southeast New Mexico Accounting and Tax Practice for Sale
Listing #
NM1058
Location
Annual Revenue
$378,000
Asking Price
$375,000
Type
Presented by:
The Holmes Group
Toll-Free: 800-397-0249
Description:
This very well-established Accounting and Tax practice we have listed for sale in Southeast New Mexico has annual gross revenues of approximately $378,000. The practice has been providing comprehensive tax preparation, accounting and payroll services to a loyal client base of individuals and businesses in the local community for over 3 decades. There is a good fee structure in place and the practice generates strong cash flow to owner in excess of 60% of gross. The revenues are nicely mixed between accounting services (45%), tax work (41%) and payroll services (14%) providing steady year-round income. This practice would be the perfect size and opportunity for an experienced accountant ready for practice ownership and could be easily transitioned to any office in and around the area. It would also make a nice, profitable addition to an existing firm in the area looking to expand. Additionally, the seller is flexible and would be willing to work with the buyer through the first tax season, if desired, to help ensure a smooth transition and maximum client retention.
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