Description:
Two shareholder firm looking for merger or long-term transition candidates. Both shareholders are CPAs. Stable, growing practice in western Weld County. 2016 revenue mix 74% tax (68% individual; 22% business; 10% non-profit & other); 14% auditing; 12% write-up; payroll &consulting. Audit revenue is winding down and is not part of the anticipated transaction. Cash flow to owner before potentially duplicate expenses is a solid 52% of total gross revenue and 44% without audit revenue. Practice utilizes Taxwise, QuickBooks and PPCTwo long-term employees. Shareholders own building and are open to selling or renting to buyer. Owners anticipate working with buyer for an extended period of time to maximize knowledge transfer and client retention.