Colorado Springs Tax & Accounting Practice
 SOLD
Listing #: CO1182
Location: Colorado
Type: CPA TAX AUDIT REVIEW BOOKKEEPING
Annual Revenue: $571,000
 Asking Price:
Presented by:
Kevin J. Overberg, CPA/PFS
Office: 720-988-4334
Description:
  • Single-owner CPA practice in vibrant, growing community with loyal client base
  • 83% Tax Preparation (53% Individual; 38% Business; 9% Other); 8% Bookkeeping; 8% Audit/Reviews and 1% Other
  • Cash flow to owner before potentially duplicate expenses is 42% of gross revenue
  • Practice utilizes QuickBooks, Workpapers CS and UltraTax
  • 3 FT professional staff for tax preparation, bookkeeping and payroll; 1 FT admin
  • Office space lease is month-to-month; landlord is agreeable to longer-term lease with new owner
  • 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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