El Paso County, Colorado
Accounting Practice For Sale
Asking Price: $1,250,000
Annual Gross: $926,139
Net Profit: $313,116
Number of Employees: 8
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Description of Practice:
The firm is paperless. Staff has non-compete/non-solicitation agreements in place. All staff would be expected to stay with the buyer. The owner would be willing to work part time in a sales role post-closing. Financing available to qualified applicants. Various programs available. ACCOUNTING, BOOKKEEPING, COMPILATIONS Monthly Clients: 76, Avg Fee: $10,528, Total: $800,104 Annual Clients: 3, Avg Fee: $5,345, Total: $ 16,035 Other Services: Misc Cleanups Total: $110,000
Type of Clientele:
Clients consist of closely held businesses and non-profits. Services are provided almost exclusively via the internet with occasional on-site visits for some clients. Clients are professional services, construction, retail, realtors, fix & flip, manufacturers, churches and various non-profits.
About the Area:
Most clients are in Colorado, but several clients are out of state. Out of state clients are served just as easily as local clients due to virtually all business conducted over the internet. 99% of the clients email their information to the office. Online access is obtained for banks, credit cards, etc.
Computer Software Used:
QB Desktop, QB Online, TPS Practice Management, Hosting on RightNetworks.
Year Established:
2002
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