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Northern Colorado CPA Practice
SOLD
Listing #: CO1193
Location: Colorado
Type: CPA TAX PAYROLL Other
Annual Revenue: $535,000
Asking Price:
| Presented by: |
 |
| Kevin J. Overberg, CPA/PFS |
| Office: 720-988-4334 |
Description:
• Single-owner CPA practice in vibrant, growing community • 87% Tax Preparation (59% Individual; 37% Business; 4% Other); 8% Consulting; 5% Payroll (after-the-fact) • Cash flow to owner is a solid 68% of gross revenue • Practice utilizes Lacerte, QuickBooks and ATX • One part-time CPA and one part-time office manager • Office space is owner-occupied; seller prefers to lease space to new practice owner but is open to selling in the future • 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
• Single-owner CPA practice in vibrant, growing community • 87% Tax Preparation (59% Individual; 37% Business; 4% Other); 8% Consulting; 5% Payroll (after-the-fact) • Cash flow to owner is a solid 68% of gross revenue • Practice utilizes Lacerte, QuickBooks and ATX • One part-time CPA and one part-time office manager • Office space is owner-occupied; seller prefers to lease space to new practice owner but is open to selling in the future • 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
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