CO1117 Colorado Springs, CO CPA Practice For Sale

Description:
 Sole-owner tax and accounting CPA practice in vibrant Colorado Springs, CO (just named the best city in the USA in which to live)  Very stable, strong revenue stream with modest growth the past few years  Tax return preparation services are approximately 64% Individual returns, 32% Business returns and 4% Fiduciary returns  Just over 200 accounting services relationships including write-up, payroll and sales tax returns, accounts payable processing and monthly or quarterly compilations  Cash flow to owner before potentially duplicate expenses is 29% of gross revenue with potential for improvement with restructuring and/or consolidation with another practice to achieve efficiencies of costs  Practice utilizes Pro Systems and QuickBooks software platforms  Seven full-time professional tax preparer staff members; 4 bookkeeping staff members; 2 administrative staff members plus seasonal tax season members get the work out  Leased office suite in great NW location with just over a year left on the current lease  Owner is looking to future retirement after long, successful career but wishes to assist buyer through an appropriate transition period to maximize client knowledge transfer and retention