Tax Practice with strong profits
Colorado Springs, CO
| Asking Price: | $350,000 |
| Gross Revenue: | $390,005 |
| Established Year: | 2005 |
| Cash Flow: | $262,877 |
| Inventory: | $100 |
Listing ID: 2302426Listing provided by BizBuySell
BUSINESS DESCRIPTION
Mainly a tax practice with simpler personal tax returns that average approx. $450. Practice does a lot of multiple years of delinquent tax returns. Established tax practice with a good location near affluent clients. Turnkey office – make money right away. Because of health issues owner doesn’t want to work as many hours. Excellent general manager that works a flexible schedule and knows the clients.
DETAILED INFORMATION
Location
Colorado Springs, CO
Inventory
Included in asking price
Facilities
1026 approx. sq. ft. in a neighborhood shopping center. Lease is through May 2025 with rent of $1,926 which includes CAM.
Growth & Expansion
Practice can be expanded with more bookkeeping, business taxes and consulting. Currently turning away some clients. Market more to military.
Financing
Seller will finance $175,000 over 60 months at 7.5%. $3,507 monthly payment.
Support & Training
Seller will transition clients as needed.
Reason for Selling
Health issues
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