Southern Colorado CPA Practice
 Available
Listing #: CO1177
Location: Colorado
Type: CPA TAX BOOKKEEPING PAYROLL
Annual Revenue: $344,000
 Asking Price:
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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