REF | STATE | LOCATION | ANNUAL GROSS $ | STATUS | PRIVATE SALE / BROKER |
---|---|---|---|---|---|
4891 | TN | Knoxville, TN | $200,000 | sold | ABA Advisors, LLC |
Overview - ABA Advisors represents this CPA practice located in Knoxville, TN. The owner is a CPA and feels the buyer must be a CPA or EA. The owner wishes to retire from public accounting.
The Practice - The firm was started 18 years ago. The clients include construction contractors, medical practices, commercial and residential rental property companies. Only about 10% of the clients drop off work while the majority of the clients mail or send it in electronically. Most of the clients are located in the Knoxville/Sevierville, TN area. The average 1040 is $915 and the average corporate return is $2,367. Only about $60K of the firms revenue is tax with the balance accounting, write-up with some consulting. Business ID# TN-2062
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