$1,425,000 Revenue Northern Colorado Area Tax & Accounting Practice

Gross Revenue: $1,670,000

Location: SouthWest, Colorado

Industry: Accounting, Tax Preparation, Bookkeeping and Payroll Services

Listing ID: CO-2095

Listing Status: New

Description

• Buyer MUST be a CPA or EA
• The firm is thriving and is on track to return Seller’s Discretionary Earnings of ~$600,000 in 2025.
• 43% of revenue is recurring monthly and quarterly accounting services and related tax returns.
• The average 1040 fee is $846, and the average business returns fee is about $2,000.
• The firm was established 25 years ago and has an excellent reputation.
• The firm is well-staffed, including 4 CPAs.
• Class A office space is in a beautiful location (available for lease or purchase).
• There is low concentration risk as no single client represents over 10% of revenue.

The Practice revenues have steadily increased each year due to the owner’s disciplined focus on building recurring accounting revenue. The owner has grown the firm for 25 years and is eager to assist in smoothly transitioning the clients and staff to a new owner.

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CONTACT PERSON

Joshua Dennis, CPA

Joshua Dennis, CPA
Phone: