|REF||STATE||LOCATION||ANNUAL GROSS $||STATUS||PRIVATE SALE / BROKER|
|4008||WA||King County||$1,017,009||available||Private Practice Transitions|
For over 28 years, this King County tax and accounting firm has provided tax, accounting, and financial services to countless clients. The Practice’s service by revenue breakdown is 74% Tax, 20% Accounting, and 6% Financial and Consulting. The Practice is known for its incredible staff of six (6) who continually deliver excellent customer service to its ~1500 active clients. As a result, the Practice has a very strong client base and receives many word-of-mouth referrals. The Practice has an incredibly high percentage of seller’s discretionary earnings (SDE) to revenue (57%) which makes this a lucrative opportunity for any buyer. The weighted projected gross revenues are over $1M with over $575,000 in SDE. The Owners are willing to provide transition assistance and help with goodwill transfer, business development, and other “mentoring” functions through one (1) tax season to ensure the new owner’s return on investment is realized.
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