Gross Revenue: $475,000
Location: NorthEast, Virginia
Industry: Accounting, Tax Preparation, Bookkeeping and Payroll Services
Listing ID: VA-2087
Listing Status: New
Overview - ABA Advisors represents this tax practice located in Richmond, VA. The seller is available to provide transitional assistance to the buyer and is willing to work PT for the buyer for several more years.
The Practice - Founded over 45 years ago, this firm has an excellent history and represents a great opportunity for the right buyer. The practice is mostly individual and business tax work and projects sellers' discretionary earnings of about 56% for the buyer.
Total Sales: $475,000
Cash Flow: $266,375
Reason For Sale: Seller is of retirement age.
Training & Support: Partner is available to provide transitional assistance & willing to work as much as 60 hours per week the first tax season and then reduced hours after tax season. Partner also open to working several more years for the buyer.