San Antonio, TX CPA Firm For Sale
SOLD
Listing #: TXC1066
Location:
Type:
Annual Revenue: $700,000
Asking Price:
Presented by: |
Kevin J. Overberg, CPA/PFS |
Office: 720-988-4334 |
Description:
-Sole Practitioner CPA tax and limited accounting services practice. -Located in the vibrant north central area of San Antonio with excellent potential for practice growth. -2017 revenues were $771K but a significant client is selling their business in 2018 resulting in the expected revenue decline. There will be 98 individual tax returns, 24 C/S Corp returns, 148 Partnerships, 38 Trusts and 177 Franchise tax returns to be prepared. The remaining revenue is from 6 compilations and 3 quarterly payroll tax reporting's. -Professional office space is available, and likely can be assumed by buyer for at least the next one or two tax seasons to facilitate client retention. -Pro Series tax preparation software for business returns; Lacerte software for 1040's. -Negotiable financing options but very favorable 10-year bank financing for the majority of the transaction preferable to seller. .
-Sole Practitioner CPA tax and limited accounting services practice. -Located in the vibrant north central area of San Antonio with excellent potential for practice growth. -2017 revenues were $771K but a significant client is selling their business in 2018 resulting in the expected revenue decline. There will be 98 individual tax returns, 24 C/S Corp returns, 148 Partnerships, 38 Trusts and 177 Franchise tax returns to be prepared. The remaining revenue is from 6 compilations and 3 quarterly payroll tax reporting's. -Professional office space is available, and likely can be assumed by buyer for at least the next one or two tax seasons to facilitate client retention. -Pro Series tax preparation software for business returns; Lacerte software for 1040's. -Negotiable financing options but very favorable 10-year bank financing for the majority of the transaction preferable to seller. .
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