| Asking Price |
$235,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$213,000 | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | N/A |
| FF&E |
N/A | Employees | N/A |
* included in the asking price
** not included in the asking price
Growing CPA Accounting and Tax Firm is seeking a Buy in Partner to replace the Selling Partner who is leaving the state for business reasons. Practice is located in a well equipped office building in growing city with easy access and parking. Recent $100,000 Office Build Out including Furniture and Equipment. Remaining Partner committed to continued growth of the Practice. Total Gross Revenue for 2008 was $425,000. May YTD up 8%. Selling Partner asking $235k for 1/2 of the Practice Ownership. Revenue Breakdown: 27%Personal Tax Preparation, 14% Business Tax Preparation, 59% Monthly and Quarterly Accounting and other Business Services. No Audits. Owners currently work 1700 hours annually yet generate an above average owner cash flow at 41% of Gross Revenue. Leasing 2100 square feet with 6 offices/rooms and reception area. Easy access and parking for clients. Lease is assumable.

Bob Fremder
414-962-7773
Accounting Practice Sales
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