SOLD
Norwalk CTEC Practice For Sale
Listing #
CAS1479
Location
Annual Revenue
$196,900
Asking Price
$250,000
Type
Presented by: |
The A Team |
Toll Free: (888)783-7822x3 |
Description:
The owner is a CTEC. This practice was established in 2004. Software in use includes Sage 50 US Quantum (Peachtree); Proseries by Intuit; Refund Advantage; and MS Office. Approximately 35 bookkeeping clients, generating $ 121,100 of the gross revenue. Approximately 390 individual tax returns with an average fee of $115 per return. Approximately 45 business tax returns with an average fee of $415 per return. $ 13,500 +/- revenue is generated via corporate filing, special projects, and payroll services. . Annual earnings including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $96,000. Lease expires in Sept 2016, then month-to-month, with easy renewal for the new owner.
The owner is a CTEC. This practice was established in 2004. Software in use includes Sage 50 US Quantum (Peachtree); Proseries by Intuit; Refund Advantage; and MS Office. Approximately 35 bookkeeping clients, generating $ 121,100 of the gross revenue. Approximately 390 individual tax returns with an average fee of $115 per return. Approximately 45 business tax returns with an average fee of $415 per return. $ 13,500 +/- revenue is generated via corporate filing, special projects, and payroll services. . Annual earnings including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $96,000. Lease expires in Sept 2016, then month-to-month, with easy renewal for the new owner.
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