Gross Revenue: $230,000
Location: MidWest, Indiana
Industry: Accounting, Tax Preparation, Bookkeeping and Payroll Services
Listing ID: IN-2064
Listing Status: New
*** The owner feels the buyer MUST BE a CPA. ***
Overview - ABA Advisors represents this CPA practice in Bloomington, IN. The practice has a good mix of services and staff that is ready to transition with the buyer.
The Practice - The owner started the practice in 1988 and has been operating as a sole proprietor since. There is an administrative assistant and 2 staff accountants available to transition with the buyer. The practice is about 1/2 tax work and the balance accounting, payroll and consulting. Average tax fees exceed $500. The owner feels the buyer must be a CPA.
Reason For Sale: Seller is of retirement age.
Training & Support: Seller is willing to provide transitional assistance to the buyer to assist client retention and is also interested in working for the buyer. Staff are not aware of the sale but would likely continue working for the buyer.