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Income Tax Business For Sale
Location: United States -> Colorado
Industry: Professional Services > Accounting and Legal




Business Summary

Income tax & bookkeeping business for sale, Denver metro area. ASKING $53,000.
Solo practitioner with no employees.
Tax & Accounting softwares currently use: ATX tax software, Quickbooks Desktop, Medlin Payroll, some Quickbooks Online, Encyro secure client portal

Currently have a small office on a month to month lease that can be available to takeover if choose so.
Some computer equipment + furniture can be available/included, financing terms & retention based negotiable.
Can be a full sale or partial sale of groups of clients.

Multiple years of tax & bookkeeping/accounting experience required, licensed EA or CPA helpful but not required.
(Ideal for an existing firm looking to add more clients or an experienced person with no or minimal clients looking to go out on their own)

2023 calendar year total income was near 100k.
2024 calendar year total income is expected to be over 110k with over 90% net profit.
2025 calendar year total income is expected to be higher as have been increasing prices every year + getting some referrals.

Majority of income from income taxes, ~300+ income tax returns, about 90% are 1040 + some 1120S/1120/1065/1041, some done virtually/online, some simple ones done in person, some dropoff/pickup in person, some by mail.
Most returns are done by 4/15 but some done later on extension.
Remaining income from bookkeeping/payroll/sales tax filings for a few local small businesses.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $110,000
Cash Flow:   $103,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2008
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased




Print Listing Id: 700389843


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Related Searches: Accounting and Legal  >  Consulting  >  Other Professional Services  > 

Also See: Franchise Opportunities > Franchise Resales > Colorado Businesses For Sale > Colorado Franchises For Sale > Colorado Business Brokers



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