REF | STATE | LOCATION | ANNUAL GROSS $ | STATUS | PRIVATE SALE / BROKER |
---|---|---|---|---|---|
3894 | CT | West Hartford | $118,000 | sold | Accounting Practice Sales |
• West Hartford, Connecticut CPA is selling a highly profitable book of business
• Revenues are derived from tax preparation for individuals filing Schedule C (33%), other individuals (50%), and business entities (17%)
• 2021 gross revenues are estimated to be approximately $118,000, and net cash flow is very high, as the new owner could potentially complete all work without any employees
• Strong fee structure with average fees of about $640 for individual returns and $2,470 for business returns
• This would make for a great starter practice or and easily integrated addition to an existing one
• The owner will assist in transitioning clients to the buyer
Asking Price: $130,000
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