REF | STATE | LOCATION | ANNUAL GROSS $ | STATUS | PRIVATE SALE / BROKER |
---|---|---|---|---|---|
5023 | TX | South Houston Area, TX | $370,000 | new | ABA Advisors, LLC |
Overview - ABA Advisors represents this CPA practice located in the South Houston area of Texas. The Owner/CPA is of retirement age and is willing to remain with the new buyer for 1+ years. This continuity should aid a smooth transition and client retention.
The Practice - Founded in 1989, seller built the practice from one client and now has over 750+ clients. Staff consists of Owner/CPA, Office Manager, and Administrative Assistant, all are anticipated to remain with buyer. The Office Manager helps with tax work, bookkeeping, payroll, and small corporate tax returns. The Administrative Assistant helps with bookkeeping and payroll. The business includes individual and business tax returns, accounting, bookkeeping, audits, and reviews. No one client makes up over 10% of the gross revenue and most clients are located in Texas except for one Louisiana client. The firm is paperless. Seller requires the buyer to be a CPA or EA and to maintain the current office space or have an office located within a 15-mile radius.
TX-2093
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