Sale Pending -- Denver CO Tech Center CPA Practice for Sale
Cash Flow: | $1,396,113 |
Gross Revenue: | $2,296,000 |
- Well established CPA practice serving individuals and businesses with complex tax returns
- 100% Tax Preparation (56% Individual; 23% Business; 18% Fiduciary and 3% Other)
- Cash flow is a solid 61% of gross revenue
- Practice utilizes Lacerte and QuickBooks
- Three full-time CPAs and a full-time office manager. 2 independent contractors and 1 part time tax preparer.
- Large office space in business area. Lease expires 12/31/23 with two 1-year extension options
- Owners are looking forward to retirement after long, successful careers
- At a minimum, all owners anticipate assisting buyer through an appropriate transition period; however, two younger partners have much flexibility in their time horizons based on buyer’s needs