REF | STATE | LOCATION | ANNUAL GROSS $ | STATUS | PRIVATE SALE / BROKER |
---|---|---|---|---|---|
3964 | VT | Burlington | $625,000 | sold | Accounting Practice Sales |
• Quality accounting & tax (CPA) practice for sale in a Burlington, Vermont suburb, an area that offers a nice quality of life and four-season charm
• Revenue mix: 38% monthly/quarterly accounting and payroll, 34% tax services for individuals, and 28% tax services for businesses/other entities
• 2021 gross revenues and 2022 estimated gross revenues are approximately $625,000
• Solid cash flow and fee structure, with average return fees of approximately $625 for individuals and $1,775 for business entities
• The firm enjoys a loyal following, as evidenced by its strong client retention rate of approximately 98%
• Great staff is in place, and the owner will assist in transitioning clients to the buyer
Asking Price: $650,000
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