Northwest, VT
Accounting Practice For Sale
Asking Price: $650,000
Annual Gross: $541,500
Net Profit: $242,000
Number of Employees: 7
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Description of Practice:
Financing available to qualified applicants. Various programs available. Income Tax: Individuals: 445 Avg Fee: $ 725 Total: $322,000 Businesses: 84 Avg Fee: $1,430 Total: $120,000 Other: 56 Avg Fee: $1,215 Total: $ 68,000 Other Services: Compilations (2) and other: Total: $ 15,500 Business Consulting, Tax Examinations, 1099’s, Tax Planning: Total: $ 16,000
Type of Clientele:
Our clients are a mix of individual, small business, non-profit and trusts. The individuals range from small to complex. Many of them have some business aspect to their income - self-employed, S-corp owners, rental properties. In many cases we also prepare their business tax returns. our clients are very loyal. We have little turnover.
About the Area:
Northwest, VT is home to several colleges, all of which offer us a steady stream of excellent interns for tax season. The greater Northwest area has a rough population of 225,000. Vermont offers excellent local food, beer, wine, theater and music along with hiking, biking, boating, fishing, skiing (downhill and cross-country), snowmobiling and anything else one could think of doing out doors.
Computer Software Used:
Lacerte, eFileCabinet, SecureDrawer, Windows 10, Excel, Word, Outlook (Office 365)
Interested In this Practice?
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