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|Ref||Location||Annual Gross $||Status||Private sale/Name of broker|
|1380||Mohavc County||$520,000||Available||Private Sale|
Turn-key tax practice established in 1990 is available for sale in Mohave County, Arizona due to retirement.
This very well established full service EA firm has been serving clients area clients for over 26 years. Revenues are approximately 41% accounting services, 53% tax planning and preparation services with the remaining 6% client services. The work environment and exceptional team effort between owners and staff promote extraordinary client service as well as a high quality work-life balance. A commitment to “whatever it takes” transition support from the owners and continued staff involvement will all but guarantee complete client retention. Firms of this caliber rarely come along so don’t delay.
Enjoy the amenities of very mild winters in an enviable and great family and retirement community. As baby boomers continue to retire, this retirement community continues to grow and so does this practice. Staff is considered loyal and very competent. The owner will assist with the transition. Also, the owner is selling the office suite.
Annual gross revenues have increased from $420k in 2013 to $488k in 2014 and 2015 to $520k. The asking price is $550k which includes all furniture, fixtures, computers, servers and 2016 tax software paid for. The practice is available with a 5 year lease or the principal will sell his office building. The practice has 6 employees. In terms of transition the seller will provide 30 days familiarization and is available as needed to assist with the transition through the next full tax season for market compensation.
With approximately 2,100 square feet and 6 offices, the office has ample room for the practice and continued growth. The property is available 5 year lease at $2,400 per month plus taxes.