Gross Revenue: $505,000
Location: NorthEast, Maryland
Industry: Accounting, Tax Preparation, Bookkeeping and Payroll Services
Listing ID: MD-2091
Listing Status: New
ABA Advisors represents this firm, which was established over 30 years ago and enjoys a reputation for outstanding client service. The firm is in an attractive coastal community with plenty of growth potential. The Owner would like to remain with the firm up to 2,000 hours per year. 1040s average over $700 each. Business returns average over $2,000 each. Seller’s Discretionary Income is nearly 50% of revenue or ~$250,000.
The current office real estate is available separately for sale. This single owner practice is a perfect opportunity for a CPA who wishes to strike out on their own or for an existing firm looking to acquire a strong book of business.
The current owner has operated the firm for over 30 years and is eager to assist in transitioning the clients and staff to a new owner. Staff are aware of the sale and one staff member would likely transfer to the new owner. The others are retirement age. Business ID MD-2091
