REF | STATE | LOCATION | ANNUAL GROSS $ | STATUS | PRIVATE SALE / BROKER |
---|---|---|---|---|---|
4129 | MS | Biloxi / Ocean Springs | $200,000 | sold | Accounting Practice Sales |
• Tax and accounting (CPA) practice for sale in the desirable Biloxi / Ocean Springs area of the Mississippi gulf coast
• Revenue mix: Accounting and payroll (approximately 12%); Tax preparation for individuals (33%) and business clientele (49%); and other tax services (6%)
• Current year gross revenues are estimated to be approximately $200,000
• Net cash flow to owner is unusually strong at approximately 85% of gross revenue
• The practice enjoys a stellar client retention rate and well-established relationships, as well as an excellent reputation in the business community
• Location is assumable, if desired, with landlord approval
• The owner will assist in transitioning clients to the buyer
Asking Price: $220,000
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