Established Tax Practice with Great Reviews
Asking Price: | $37,000 |
Gross Revenue: | $37,000 |
Established Year: | 2022 |
Cash Flow: | $34,000 |
EBITDA: | $30,000 |
Accountant, & soon-to-be attorney, selling an Established & Complete tax business. 100% Remote Clients, NO lease or other expenses to assume. Completely turn-key with professional website & optimization, Entity Name & all registrations, Google Verification, great Google Reviews, and Completely Cloud-based clientele via Intuit ProConnect Tax & Intuit QuickBooks Online software suite. Everything is in place for the new owner to step-in from day-one. No paper files to convert, no "old-school" accounting issues to work through, no hand-holding of clients who are not adept with technology, and no liabilities. Current owner has other opportunities that demand their attention. Tax book includes 1040's, 1120S, and 1065. Book is comprised of individual filings, solopreneur, single-member LLC, and a few partnerships. Owner is willing to provide a few hours per week Jan-April to assist with client transition and maintain the stellar reputation. This business pays for its self in the first tax season. $34k revenue, $2500 tax software expense, $1400 website and online marketing services (both software & online marketing expenses can be tweaked or cancelled at the new owner's discretion, these are month-to-month / & per file expenses, no contracts to assume, free to make it your own), $33k cashflow and increasing as we take on new clients.
Absolutely perfect for a new or existing CPA/EA/Accountant looking to have their own practice and wants to jump over the painful first 2-years and right to profitability and market recognition.