Profitable Tax Practice For Sale
Location:
United States
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Rhode Island
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Providence County
Industry: Professional Services > Accounting and Legal
Business Summary
Asking: $250,000
Furniture, Fixtures & Equipment: $12,000 (included in price)
Facilities: Leased Office 1000sq ft, plus 1000sq ft storage, in free standing building with parking
Amenities: Easy access to high way, high visibility
Year Established: 1989
Established twenty year well run accounting and tax practice for sale. Office has filed 900+ tax returns each year since opened. Provides accurate, professional, timely service with a personal touch at a reasonable price. Other services provided Notary, Bill payment,
Incorporations, Bookkeeping and payroll. The practice is perfect for starter venture, or a tax preparation/accounting firm seeking turn-key client database for expansion.
Clientele consists of 85% Spanish speaking individuals, therefore buyer would need to be bilingual or have bilingual speaking staff. Full time bilingual associate available for transition and training. This is a great time of year to pick up a tax heavy practice, with the majority of revenues made in the next few months.
Growth and Expansion:
Firm is well positioned in market place to capture additional middle income tax filing clients
Financials
Asking Price Range: < $250K
Gross Revenues:
$120,000
Cash Flow:
$90,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 1999
Number of Employees: 1 - 3
Relocatable: Not Disclosed
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Seller will provide two weeks training at no cost.
Reason For Selling: Owner wants to pursue other interests.
Click on the "I'm Interested" button above for more information on this Professional Services > Accounting and Legal business for sale.
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Print Listing Id: 700107077
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