Central Colorado Accounting Practice for Sale
SOLD
Listing #: CO1044
Location:
Type:
Annual Revenue: $325,000
Asking Price: $400,000
Presented by: |
Kevin J. Overberg, CPA/PFS |
Office: 720-988-4334 |
Description:
Established CPA practice on I-25 corridor . Annual growth rate over the past 7 years has been in the range of 17 to 20 percent with 50 percent growth in just the past 2 years. Approximately 65 percent of revenues are from tax planning and tax return preparation. The remaining 35 percent is derived from accounting services, which are primarily monthly accounts, providing good year-round cash flow that approximates 48 percent annually. Long term, capable staff in place. Owner will provide support as mutually agreeable to enable a successful transition of clients to the new owner. Professionally appointed offices which are owned by the seller are available for lease or possible purchase.
Established CPA practice on I-25 corridor . Annual growth rate over the past 7 years has been in the range of 17 to 20 percent with 50 percent growth in just the past 2 years. Approximately 65 percent of revenues are from tax planning and tax return preparation. The remaining 35 percent is derived from accounting services, which are primarily monthly accounts, providing good year-round cash flow that approximates 48 percent annually. Long term, capable staff in place. Owner will provide support as mutually agreeable to enable a successful transition of clients to the new owner. Professionally appointed offices which are owned by the seller are available for lease or possible purchase.
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