REF | STATE | LOCATION | ANNUAL GROSS $ | STATUS | PRIVATE SALE / BROKER |
---|---|---|---|---|---|
3523 | TN | Knoxville | $640,000 | sold | Accounting Biz Brokers |
TN1055: The seller of this Knoxville CPA firm is ready to sell and explore other business interests. The firm is well known and well established in the area, has a nice fee structure, has a large number of business clients and offers a nice cash flow to the owner. Revenue breakdown is as follows:
5% Accounting, bookkeeping and payroll
14% Income tax preparation services for individuals
15% Income tax preparation services for business clients
6% Income tax preparation for other clients
1% Tax planning
55% Audits, reviews, and compilations
4% Non-tax consulting
Asking $640k
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