REF | STATE | LOCATION | ANNUAL GROSS $ | STATUS | PRIVATE SALE / BROKER |
---|---|---|---|---|---|
3687 | NH | Manchester Area | $335,000 | sold | Accounting Practice Sales |
• Quality CPA practice for sale in a desirable suburb of Manchester, New Hampshire
• Revenues are desirably blended to include tax preparation for individuals (approximately 46%) and business / other entities (37%), and reviews for three clients and their related tax work (17%)
• The practice has grown steadily, and 2021 gross revenues are estimated to be approximately $335,000
• The practice experiences a year-round revenue pattern, making this a great practice to acquire any time of the year
• Solid fee structure (average 1040 and business return fees are $832 and $1,119, respectively)
• Net cash flow to owner is strong at approximately 57% of gross revenue
• The practice is in a great location and poised for additional growth
• The owner will assist in transitioning clients to the buyer
Asking Price: $360,000
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