Established tax practice since 1984, and under current ownership since 2022, this WELL-ESTABLISHED business is offering a unique opportunity. The owner is strategically downsizing the client list by selling 60% of their book, presenting a chance for a new owner to step in and expand into new fields and services. PLEASE NOTE THAT THE 2022 FINANCIALS REFLECT THE ENTIRE BUSINESS. 60% WOULD EQUATE TO APPROXIMATELY $238,116 SDE.
Included in this sale are approximately 475 clients, featuring a DIVERSIFIED portfolio with approximately 50% dedicated to tax preparation and planning, and approximately 10% to bookkeeping. The tax services encompass the meticulous preparation and filing of current year tax returns, coupled with quarterly tax planning for select clients.
For bookkeeping, the business EXCELS in data entry and account reconciliation, utilizing the efficient QuickBooks program in both online and desktop formats. Clients benefit from a user-friendly portal and are accustomed to seamlessly uploading tax documents. The business has adapted to the virtual environment, offering team calls for client meetings. A fee is applied for clients opting for paper returns/returns mailed.
Notably, the absence of included employees doesn't hinder efficiency, especially for a buyer utilizing auto data entry for tax returns. Limited staff required. This streamlined approach allows for a significant volume of preparation with minimal staffing needs, as the majority of returns are not complex in nature. Don't miss this opportunity to acquire a reputable tax practice with a solid client base and the potential for growth in diversified services.
