Description:
The owner is a CPA. This is a book of business sale of one partner in the practice. This practice was established in 1983. Software in use includes UltraTax, QuickBooks. Approximately 55 bookkeeping clients generating $29,000 in revenue. Approximately 212 individual tax returns with an average fee of $688 per return. Approximately 53 business tax returns with an average fee of $1,013 per return. Approximately 44 other tax returns with an average fee of $562 per return. $47,400 +/- in revenue is generated via consulting, payroll, etc.. Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: N/A . Lease expires in November 2021. Buyer may have the option to sublease office space and expense share with remaining two partners.