$475,000 (Revenue) Richmond, VA CPA Tax Practice - ABA Advisors
Cash Flow: | $266,375 |
Gross Revenue: | $475,000 |
Started in the late 70's this practice is mostly individual and business tax work and projects sellers' discretionary earnings of about 56% for the buyer. The firm clients are mostly located in the Richmond, VA metro area with some out of state clients. About 50% of the clients drop work off at the office while the balance of the clients send their information in by mail or electronically. The firm has electronic copies of all tax returns prepared for clients. No client makes up 10% or more of the firms' total revenue and the clients are diverse with no industry focus or niche. Partner is available to provide transitional assistance & willing to work as much as 60 hours per week the first tax season and then reduced hours after tax season. Partner also open to working several more years for the buyer.