#5423 - Colorado Springs, CO - COLORADO

Overview - ABA Advisors represents this tax, accounting and payroll practice located in Colorado Springs, CO. Potential buyers should have either their CPA or EA license. The owner is looking to retire and is willing to provide transitional assistance after the sale to aid in a smooth transition and client retention. The Practice - Clients in this firm are loyal and as a result there is a high retention rate year after year. The firm has maintained revenue while there has been zero advertising in the last 3 years. Demographics: 10% of the client base is under the age of 35, 10% of the client base is between ages 35 and 50, 70% of the client base is between ages 50 and 75, and 10% of the client base is age 76 or older. Out-of-state clients include Alaska, Washington, Florida, Michigan, New York and Canada. The firm does not use engagement letters. The firm is not paperless. 95% of the client's tax returns are processed while they wait. While 4% e-mail, sending their information via mail or portal. And 1% drop off their information in person. Business ID# CO-2143