Denver CO Tax Practice

Denver, CO (Denver County) (Relocatable)

Denver CO Tax Practice
Contact Seller

Asking Price: $399,000

Cash Flow: $217,567

Gross Revenue: $365,000


FF&E: $5,000

Inventory: N/A

Rent: $1,450 /Month

Established: 2001

Denver CO Tax Practice

Save Print Share Valuation Report

Business Description

Cherry Creek area TAX only CPA practice grossing $ 365,000. Cash flow to owner is 59% of gross or $ 218,000. If the firm is acquired by another existing CPA firm then $ 19,500 of rent and phone could be eliminated and increase the Cash Flow to Owner to 65% of gross revenue.

The Practice has 3 employees: owner and two P/T staff. One is a "fabulous" CPA candidate and likely would stay with the new owner as needs time with CPA to obtain CPA license. The other is a P/T office manager who likely will not continue with a buyer. This practice currently produces a apx 500 tax returns annually with solid average fees! 350 -Form 1040s; 80 -1041s; 31 -1065s; 40 -1120S; 5 -1120; 4 -990s; and 3 -706s. The practice has a lease that ends in June, 2020 and rent is $ 1,450/month. The buyer may move the practice within a reasonable distance from the area. Firm uses Lacerte tax software and Quickbooks. No bookkeeping or payroll services are provided by the practice.

Detailed Information

Denver, CO
Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Great opportunity for existing firm to tuck in this practice with their existing practice and grow through acquisition and a great size for an existing CPA tax senior or manager with another firm to go out on their own.
Support & Training:
Seller will provide the necessary transition assistance over a year from sale date
Reason for Selling:
Work in private industry
Contact Seller

Contact the Seller

(from currently available funds)
Contact Seller Loading

Thomas Lang

Business Listed By:
Thomas Lang

Thomas Lang CPA Broker

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in The Colorado Association of Business Intermediaries (CABI).

Listing Statistics


Demographic Information


Ad#:1683661 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Similar Listings


Franchise Opportunity
Cash Required: $50,000