| Asking Price |
$1,000,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$478,000 | Real Estate |
$350,000* |
| Cash Flow |
$222,000 | Year Established | 1982 |
| FF&E |
$50,000* | Employees | 4 |
* included in the asking price
** not included in the asking price
This long established tax preparation business produces over 3,000 returns a year. They provide bookkeeping services to some old business customers but have not accepted any new clients for the last 4 years. Current mix is 81% tax prep, 16% bookkeeping and 3% payroll processing. This Practice is extremely profitable and has a lot of upside potential for a young energetic owner.
Facilities: Tax service is located in the owners facility with space for 12 tax preparers. All offices are equipped in the same modern office furniture and computers.
Growth/Expansion: Owners are not CPA's and do not do financial planning. These are two huge growth areas for the new owners.
Support/Training: Owners will work preparing tax returns for the next two or three tax seasons for the new owners.

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