#5533 - Colorado Front Range - COLORADO

Overview - Someday Consultants represents this long-established tax and accounting practice on the Colorado Front Range. The owner is planning a transition and is prepared to provide meaningful post-closing transition assistance to protect client retention. Buyers should hold a CPA or EA license. The Practice - The firm serves 2,105 active clients, with tax compliance driving roughly 80% of revenue and accounting services making up the balance. Client concentration is exceptional: the single largest client is 0.4% of revenue and the top ten together are under 2.3%, so no individual account carries the practice. Average fees per return have grown 14.5%, and normalized owner earnings run about 59% of revenue. Core recurring revenue excluding pandemic-era employee retention credit work was approximately 1.34M in the most recent fiscal year. The Team - This is not a solo practice. The owner is supported by a tenured in-house team including three accountants (one an Enrolled Agent, with tenure back to 2017), front-office staff, and a year-round subcontract CPA. The team is a genuine asset and is expected to remain through a transition. Systems - The practice runs on QuickBooks Desktop with an established workflow and full per-return billing detail available in diligence. Next Steps - A confidential teaser and a full Confidential Information Memorandum are available immediately after a short online NDA. To route your enquiry quickly, please include with your response: your professional background and credentials, the size and type of practice you are looking to acquire, the timeframe you are working toward, why this practice interests you, and how you intend to finance the acquisition. Enquiries are handled by Someday Consultants; the seller's identity is not disclosed prior to NDA.
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Someday Consultants

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