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Booming King County Audit & Tax Practice

Seattle, WA (King County)

Seller Financing Available
Booming King County Audit & Tax Practice
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Asking Price: $2,750,000

Cash Flow: N/A

Gross Revenue: $2,096,783

EBITDA: $646,662

FF&E: N/A

Inventory: N/A

Rent: $6,839 /Month

Established: 1991

Booming King County Audit & Tax Practice

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Business Description

Private Practice Transitions is assisting a client, located in King County, with the sale of a lucrative audit and tax firm. The historical practice breakdown by revenue is 67% Audit, 30% Tax, and 3% Consulting. In 2018, the Practice brought in over $2,000,000 in gross receipts, and had Seller’s Discretionary Earnings (SDE) of over $860,000. The Practice has experienced 8% growth the last two (2) years and is poised for continued growth under new ownership! The Practice is completely turn-key, has over 430 active clients, and employs 15 staff. Email “Listing #1070 – Booming King County Audit & Tax Practice” to info@privatepracticetransitions.com or call 253.509.9224.

Detailed Information

Location:
Seattle, WA
Real Estate:
Leased
Building SF:
3,167
Lease Expiration:
N/A
Employees:
15
Support & Training:
Two of the three current owners are interested in staying on with the company as employees post transition.
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Justin Farmer

Business Listed By:
Justin D. Farmer

Private Practice Transitions, Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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