KENTUCKY
| REF | STATE | LOCATION | ANNUAL GROSS $ | STATUS | PRIVATE SALE / BROKER |
|---|---|---|---|---|---|
| 4104 | KY | Corbin - Whitley & Knox Cnty | $245,000 | available | Accounting Practice Sales |
APS listing # KY1014
• The owner is RTRP
• This practice was established in 1989
• Software in use includes Drake, Drake Accounting, MS Office, Avast (Antivirus)
• Approximately 24 bookkeeping clients generating $39,000 in revenue
• Approximately 500 individual tax returns with an average fee of $176 per return
• Approximately 35 business tax returns with an average fee of $1,371 per return
• +/- $70,000 in revenue is generated via payroll ($60,000) and consulting ($10,000)
• Annual cash flow including owner's salary & benefits, personal vehicles, and any other non-operational expenses; $124,092 (2021 proj)
• No lease expiration - Seller owns building. The seller is open to selling the building to the buyer on a separate transaction.
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