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Listed by:

Select Business Group, Inc.

Broker license number: Colorado Real Estate Broker License# ER 302431

CPA Practice With Option In Denver Metro Area For Sale

Denver Metro Area, Colorado
Asking Price:
$400,000 (USD) Inventory / Stock included
Sales Revenue:
$942,840 (USD)
Cash Flow:
$411,675 (USD)

Buy 1/3 of thriving CPA practice for $400,000. Owners are approaching retirement and want to work fewer hours especially during tax
season-a phase out. Two partners have worked together since 1988. New clients by referral only. Strong loyalty by clients. Mostly small business clients approximately 60%-70% of practice including related tax work. Challenge 1 partner is very entrepreneurial other is more grounded and manages bookkeeping/compilation accounts. Both partners do taxes. 2 largest clients comprise about 6% of income. Entrepreneurial partner takes 3 to 4 months off after tax season other partner takes 1 to 2 weeks off after tax season. No audits and few reviews.

Property Information

Real Estate:

Lease

Lease Terms:

Lease through 11/30/23

Lease Rent:
$19 (USD) per sq ft per annum
Location:

Located in an office/industrial park.

Premises Details:

3,400 square feet. Lease til 11/30/23

Size in square feet:
3,400

Business Operation

Reasons for selling:

Partners want to work fewer hours, they are approaching retirement.

Trading hours:

8am - 5pm M-F.

Employees:
4 FT 1/2 PT. Durring tax season another FT works.
Years established:
1982

Other Information

Support & training:

As needed.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller will finance $25,000 over 48 months @ 6% annual interest. $587.90 monthly.

Inventory / Stock value:
$500 (USD) - included in the asking price
Relocatable:
This business can be relocated.

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