New Haven County, Connecticut Tax & Accounting Practice for Sale

New Haven County, CT
listing image
Sale Pending
Asking Price:$800,000
Gross Revenue:$725,000
Cash Flow:$390,000
BUSINESS DESCRIPTION

• Tax and accounting (CPA) practice for sale in the Naugatuck / Waterbury area of Northern New Haven County, Connecticut
• Revenue is derived from accounting (approximately 4%); payroll (8%); tax services for individuals (55%) and business / other entities (32%); and other services (1%)
• Revenues have grown steadily, and current year gross revenues are estimated to be increase to approximately $725,000
• Cash flow is strong at approximately 54% of gross revenue (current year $390,000)
• Software in use includes Lacerte
• The owner will assist in transitioning clients to Buyer
• Location is assumable with landlord approval
• Please note that this practice is not suitable for virtual operation


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