Stamford, Connecticut Tax & Accounting Practice for Sale

Stamford, CT
listing image
Asking Price:$440,000
Gross Revenue:$406,000
Cash Flow:$325,000
BUSINESS DESCRIPTION

• Long-established accounting and tax practice for sale in Stamford, Connecticut (Fairfield County)
• Revenue mix: Accounting (approximately 7%); payroll (1%); and tax services for individuals (90%) and business / other entities (2%)
• The practice enjoys a loyal following, and current year revenues are estimated to be $406,000
• Solid cash flow of 69%
• Good fee structure, with an average return fee of about $480 for individuals
• Location is assumable with landlord approval
• Software in use includes ProSeries
• Seller will assist in transitioning clients to Buyer


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