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Southern Colorado CPA Practice
Listing #
CO1177
Location
Colorado
Annual Revenue
$344,000
Asking Price
Type
CPA TAX BOOKKEEPING PAYROLL
| Presented by: |
 |
| Kevin J. Overberg, CPA/PFS |
| Office: 720-988-4334 |
Description:
- Single-owner CPA practice
- 62% Tax Preparation (68% Individual; 27% Business; 5% Other); 31% Bookkeeping; 7% Payroll
- Cash flow to owner is 39% of gross revenue
- Significant opportunity for growth in this location; practice owner lives and operates a practice near Denver and travels part-time to this location
- Owner only spends 400 hours per year in practice
- Practice utilizes QuickBooks, Drake, and Clarity/iFirm
- 3 Employees – 1 CPA who manages office and new clients; 1 bookkeeper and payroll administrator; 1 administrative support person
- Office space is leased through April of 2024. New owner will need to assume lease.
- Owner desires to focus on primary practice near Denver
- Owner anticipates assisting buyer through an appropriate transition period to maximize knowledge transfer and client retention
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