Description:
Two-owner CPA practice in Fort Collins, CO. Demonstrated strong growth for several years. 70% Tax Preparation (60% Individual; 35% Business; 5% Other); 21% Bookkeeping/Payroll; 9% Audits & Reviews. Cash flow to owners before potentially duplicate expenses is 34% of gross revenue . Significant upside potential for growth as the two owners only work 3,000 hours per year combined - Practice utilizes UltraTax and Quickbooks. Ten full-time employees (5 CPAs, 1 CPA candidate, Bookkeeper, Payroll specialist, Receptionist, Office Manager); Five part-time employees (2 Senior Auditors, 2 Bookeepers, 1 Assistant). Owner-occupied office suite in great location; Sellers open to selling or leasing suite to buyer. Owners are looking forward to retirement after long, successful careers. Owners are available to assist buyer through an appropriate transition period to maximize knowledge transfer and client retention.