$525,000 Norman / OKC, OK EMERGENCY SALE

Gross Revenue: $525,000

Location: SouthWest, Oklahoma

Industry: Accounting, Tax Preparation, Bookkeeping and Payroll Services

Listing ID: OK-2054

Listing Status: Sale Pending

Description

EMERGENCY SALE: This well-established, low volume / very high-margin firm is in urgent need of a new owner. The seller is a CPA with health concerns and wishes to sell the practice immediately. The firm prepares only 100 1040s at an average of almost $2,200 each. Business returns are less than 50 with an average fee of nearly $4,300 each.

~$400,000 of work is yet to be billed in 2024.

Currently, the seller meets in person with fewer than 10 clients per year.

There is no attestation work and a nice block of recurring accounting work as well. The Seller would like to assist in transitioning clients and work part-time. Staff are aware of the sale. This is a rare opportunity to purchase a premium book of business. ID# OK-2054

Summary

Reason For Sale:

Health / Retirement

Training & Support:

Seller will work with the buyer to transition clients and may be available part-time after sale.

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CONTACT PERSON

Joshua Dennis, CPA

Joshua Dennis, CPA
Phone: