Description:
• Single-owner tax and accounting practice in vibrant, established community • 46% Tax Preparation (52% Individual; 45% Business; 3% Other); 54% Bookkeeping • Cash flow to owner before potentially duplicate expenses is a solid 52% of gross revenue • Practice utilizes Thompson Reuters ACS and UltraTax • 6 full-time employees – 1 tax accountant, 3 bookkeepers, 1 Secretary, 1 Office Manager; and 1 part-time bookkeeper • Office space lease is month to month and assumable by new practice owner if wanted • 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; but is also open to remaining as an employee or contractor of the practice