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