Sale Pending -- Colorado Mountain Resort Firm for Sale
Cash Flow: | $610,000 |
Established Year: | 1970 |
Gross Revenue: | $1,619,000 |
- Multiple-owner CPA practice in beautiful mountain resort community
- Demonstrated strong revenue growth for several years
- Balanced revenue stream with 41% Tax Preparation (38% Individual; 54% Business; 8% Other); 41% Bookkeeping, 9% Payroll; and 9% Consulting
- Cash flow to majority owner before potentially duplicate expenses is 38% of gross revenue
- Practice utilizes CCH Axcess, Quickbooks and Accounting CS
- Four full-time and three part-time professional employees
- Office space is owner-occupied; seller prefers to maintain ownership and lease space to new practice owner but is open to other arrangements
- Majority owner wishes to phase down activity in 2025 and then continued phase out after that