REF | STATE | LOCATION | ANNUAL GROSS $ | STATUS | PRIVATE SALE / BROKER |
---|---|---|---|---|---|
5032 | MD | Annapolis Area | $505,000 | new | ABA Advisors, LLC |
ABA Advisors represents this firm, which was established over 30 years ago and enjoys a reputation for
outstanding client service. The firm is in an attractive coastal community with plenty of growth potential. The
Owner would like to remain with the firm up to 2,000 hours per year. 1040s average over $700 each. Business
returns average over $2,000 each. Seller’s Discretionary Income is nearly 50% of revenue or ~$250,000.
The current office real estate is available separately for sale. This single owner practice is a perfect opportunity for
a CPA who wishes to strike out on their own or for an existing firm looking to acquire a strong book of business.
The current owner has operated the firm for over 30 years and is interested in staying on with a new owner. Staff are aware of the sale and one staff member would likely transfer to the new owner.
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