$290,000 – Greenville, SC – Tax and Bookkeeping Practice

Gross Revenue: $290,000

Location: SouthEast, South Carolina

Industry: Accounting, Tax Preparation, Bookkeeping and Payroll Services

Listing ID: SC-2031

Listing Status: New

Description

OVERVIEW - ABA Advisors represents this tax and bookkeeping practice located in Greenville, SC. The owner is planning to leave public accounting but is willing to provide transitional assistance to the buyer to help ensure client retention. THE PRACTICE - The practice has a good mix of bookkeeping and payroll services in addition to business and individual tax work. There are only 114 individual tax clients and the average 1040 fee is almost $800. In addition, there are 90 business and partnership returns. There is one staff person that works remotely. The practice is very profitable with SDE being 73% for 2022. The firm is 100% paperless and engagement letters are used with all clients. The majority of the clients are located in the Greenville area and there are several out of state clients around the country. Business ID: SC-2031

Summary

Reason For Sale:

The owner is planning to leave public accounting but is willing to provide transitional assistance to the buyer to help ensure client retention.

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CONTACT PERSON

Chuck Hayes

Chuck Hayes