Description:
This is a $200,000 book of business from a larger CPA practice. There are 250 individual tax returns at $330 per return on average. 48 business returns at an average of $900 each, and 10 bookkeeping & financial statement clients at an average of $7,537. The bookkeeping clients are made up of six S-corps and 4 C-corps. These are all long-time clients with stable billing history. Ideally, the buyer will lease space at the seller's practice for a year or two. This would be best for client retention but not absolutely necessary.