Presented by: |
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Kevin J. Overberg, CPA/PFS |
Office: 720-988-4334 |
Three owner CPA practice in vibrant, growing community
40% Bookkeeping; 40% Tax Preparation (60% Individual; 39% Business; 1% Other); 4% Franchise Reports; 16% Payroll
Cash flow to owner before potentially duplicate expenses is a solid 60% of gross revenue
Practice utilizes PC accounting/QuickBooks, Lacerte and ATX
One full-time CPA, 2 FTE bookkeepers and 1 full-time administrative
Office space is owned by oldest partner and can be purchased or leased by practice buyer
One partner is looking forward to retirement after a long, successful career,
The other partners are looking forward to relief in their workload but willing to continue to work full-time for at least 1-2 years
All anticipate assisting buyer with transitioning clients to maximize knowledge transfer and client retention