Gross Revenue: $800,000
Location: NorthEast, New York
Industry: Accounting, Tax Preparation, Bookkeeping and Payroll Services
Listing ID: NY-2092
Listing Status: Available
Overview
ABA Advisors represents this CPA firm located north of White Plains, NY.
The Firm
The firm focuses on tax and compliance work but also provides full-service accounting. The firm has a limited number of audits/reviews and compilations. The buyer of this firm must be a CPA. The average 1040 is $659, average corporate return is $1,324 and average partnership return is $1,520. The firm has a mix of accounting clients that generate a total of about $550,000 of fees annually. The firm has sellers’ discretionary earnings of $692,000.
Reason For Sale: Seller is of retirement age.
Training & Support: Seller is willing to provide transitional assistance to the buyer to assist client retention and is also open to working with the buyer post-closing to help ensure a smooth transition.