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Tax Practice For Sale

Overview

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Ad number:#1030585942
Contact:Tax Biz
Phone:7193417700
City:Colorado Springs, CO
Zip:80909
Price:$220000

Description

Established Colorado tax practice for sale.  Tax Preparation services include returns for individuals and businesses (1040, 1041, 1065, 1120, 1120-S, and 990).  This is a perfect opportunity for an existing firm or someone starting out to acquire this business and its loyal, long-term clientele.

DETAILS

Gross Revenue:  $153,657

FF&E:  In asking price; consists of 4 printers, 1 copier, 2 computers, table, and 6 file cabinets

Financing:  Seller financing not available

Reason for Selling:  Owner pursuing other opportunities

DESCRIPTION

- Single-owner tax practice with loyal client base in growing community

- Cashflow is 47% of gross revenue

There is a fantastic opportunity for expanding by offering accounting, bookkeeping, QuickBooks, sales tax preparation, payroll services, and registered agent services.  Additional services to offer this client base are advisory services and consultations on property sales, business consultations, money management, and retirement.

The current owner prepares most of the tax returns, while utilizing temporary staff for data entry and reception positions.  This business is known for its personalized customer service.  The business holds great potential for growth and increase in fees (most recent modest increase was 2021).

This is a HIGHLY CONFIDENTIAL offering, therefore the business is not located in the city selected for the ad.  If interested, please contact me for more information by leaving a message or texting (719) 341-7700, or by sending an email to TaxBizForSale@outlook.com.

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