Colorado Springs, CO Profitable, Primarily tax, Single-owner For Sale
Status
Listing #
State
Location
Annual Revenue
Asking Price
Type
SOLD
CO1107
Colorado Springs, CO Profitable, Primarily tax, Single-owner For Sale
$401,000
Presented by: |
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Kevin J. Overberg, CPA/PFS |
Office: 720-988-4334 |
Description:
Single-owner CPA practice in vibrant, growing community. Demonstrated growth for several years. 92% Tax Preparation (63% Individual; 31% Business; 6% Other); 8% Bookkeeping/Payroll. Cash flow to owner before potentially duplicate expenses is a strong 60% of gross revenue. Practice utilizes UltraTax and Quickbooks. 2 long-time CPA employees - 1 FT year-round; 1 PT seasonal; both are aware of pending sale & are committed to stay with buyer. Office suite includes three offices, kitchen and reception in easily accessible location. Owner is looking forward to retirement after a long, successful career. Owner anticipates assisting buyer through an appropriate transition period to maximize knowledge transfer and client retention.
Single-owner CPA practice in vibrant, growing community. Demonstrated growth for several years. 92% Tax Preparation (63% Individual; 31% Business; 6% Other); 8% Bookkeeping/Payroll. Cash flow to owner before potentially duplicate expenses is a strong 60% of gross revenue. Practice utilizes UltraTax and Quickbooks. 2 long-time CPA employees - 1 FT year-round; 1 PT seasonal; both are aware of pending sale & are committed to stay with buyer. Office suite includes three offices, kitchen and reception in easily accessible location. Owner is looking forward to retirement after a long, successful career. Owner anticipates assisting buyer through an appropriate transition period to maximize knowledge transfer and client retention.