Accounting & Tax Practice

Accounting & Tax Practice
Listing Category
Short Description
Total Price: $250,000
Cash Flow/Discretionary Earnings $80,454
Seller Financing: $100,000

Great, full-time employee of 12 years does the bookkeeping and payroll. Owner does most tax returns and reviews bookkeeping and payroll. 14 monthly bookkeeping clients average $359 per month. 13 quarterly bookkeeping clients $270 per quarter. 2018 tax year tax returns completed in 2019: 441 personal average fee range $250-$350, 39 partnership average fee range $850-$1100 and corporate tax returns average fee range is $1,200-$1,300.
Description

Detailed Information

Location:
Westminster, CO
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
7/31/2020
Employees:
1FT 1PT
Facilities:
1,500 square feet in an office building. Excellent parking. Landlord cooperative for a new lease.
Financing:
100,000 over 48 months @ 4.5%. Monthly payment $2,280.
Support & Training:
As needed.
Reason for Selling:
Retirement

Address
Westminster, CO

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