$3.2 Million Revenue North Texas Accounting and Tax Practice

Gross Revenue: $3,225,000

Location: SouthWest, Texas

Industry: Accounting, Tax Preparation, Bookkeeping and Payroll Services

Listing ID: TX-2045

Listing Status: New

Description

POTENTIAL BUYERS MUST BE TAX EXPERIENCED CPAs. TWO PARTNERS ARE PLANNING TO EXIT IN THE NEAR FUTURE AND THIS TALENT MUST BE REPLACED. POTENTIAL BUYERS NEED TO HAVE A TALENT SOLUTION IN PLACE AND WILLING TO BE LOCATED AT THE CURRENT OFFICE. RECRUITING REPLACEMENT PARTNERS LATER IS NOT AN OPTION.


Founded 50 years ago, this practice is a second-generation firm with a great reputation in the rapidly growing North Texas region. The practice is very profitable and has grown each year. Average fees are strong, and no single client represents over 10% of revenue. There are three partners and fourteen staff. One Partner is retirement age, the second Partner can retire now or stay on for a few years. The third Partner would like to remain with the firm for another decade. The Sellers believe that the staff will continue with the new owner. The Sellers are very willing to assist in transitioning the clients and staff to a new owner to aid in the continued success of the firm.

Operation

Year Established: 1974

Summary

Reason For Sale:

Two Partners are of retirement age.

Training & Support:

One to two partners will continue with the Buyer to smooth transition of clients and staff.

For more information on this listing, please complete our Non-Disclosure Agreement
CONTACT PERSON

Joshua Dennis, CPA

Joshua Dennis, CPA
Phone: