Presented by: |
Kevin J. Overberg, CPA/PFS |
Office: 720-988-4334 |
Multiple-owner CPA practice in beautiful mountain resort community
Demonstrated strong revenue growth for several years
Balanced revenue stream with 41% Tax Preparation (38% Individual; 54% Business; 8% Other); 41% Bookkeeping, 9% Payroll; and 9% Consulting
Cash flow to majority owner before potentially duplicate expenses is 38% of gross revenue
Practice utilizes CCH Axcess, Quickbooks and Accounting CS
Four full-time and three part-time professional employees
Office space is owner-occupied; seller prefers to maintain ownership and lease space to new practice owner but is open to other arrangements
Majority owner wishes to phase down activity in 2025 and then continued phase out after that