Downtown Stamford, CT Tax Practice for Sale

Stamford, CT
listing image
Sale Pending
Asking Price:$175,000
Gross Revenue:$145,000
Cash Flow:$102,000
BUSINESS DESCRIPTION

• Tax practice for sale in downtown Stamford, Connecticut (Fairfield County)
• The practice focuses almost exclusively on tax preparation for individuals and entities, and the practice is poised for growth through expansion of services to include additional accounting and payroll services
• 2024 gross revenues are estimated to grow to approximately $145,000
• In 2023, the practice generated cash flow of $102,000 on gross revenues of $135,000 (75%)
• The practice is in a great location, assumable if desired
• The owner will assist in transitioning clients to the buyer
• As the owner's time commitment takes place primarily during the Spring filing season, the owner enjoys an attractive work/life balance for the majority of the year
• With the owner earning more than $100,000 almost entirely during the Spring filing season, this would be a tremendous opportunity for buyers of all types!


DETAILED INFORMATION
Location
Stamford, CT
Inventory
Not Included in asking price
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Lori Newcomer
Accounting Practice Sales
Lori Newcomer