REF | STATE | LOCATION | ANNUAL GROSS $ | STATUS | PRIVATE SALE / BROKER |
---|---|---|---|---|---|
4786 | CO | Denver (Lakewood) Area | $240,000 | sold | ABA Advisors, LLC |
The firm is projected to return Seller’s Discretionary Earnings of $160,000 in 2024 with less than 200 returns prepared. This high margin / high average fee, single owner practice is a perfect opportunity for a CPA or EA who wishes to strike out on their own or an existing firm looking to acquire a valuable book of business. Average fees are strong, and there is low concentration risk as no single client represents over 5% of revenue. The owner has grown the firm for over 30 years and is eager to assist in smoothly transitioning the clients to a new owner. The firm currently has space in an attractive location with a lease expiring 10/31/24.
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