REF | STATE | LOCATION | ANNUAL GROSS $ | STATUS | PRIVATE SALE / BROKER |
---|---|---|---|---|---|
3642 | TN | North of Nashville | $425,000 | sold | Accounting Practice Sales |
• CPA practice for sale North of Nashville in Northern Middle Tennessee, within commuting distance of both Nashville and Clarksville
• Revenue mix: 37% accounting, 43% individual tax, 17% business / other entity tax, and 3% other services
• Prior year gross revenues were $400,000, and current year gross revenues are estimated to be approximately $427,000
• Net cash flow to owner is quite strong at $310,000 (approximately 78% of gross revenue)
• Seasoned staff is in place, and the owner will assist in transitioning clients to the buyer
Asking Price: $450,000
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