SOLD – The firm is projected to return Seller’s Discretionary Earnings of $160,000 in 2024 with less than 200 returns
prepared. This high margin / high average fee, single owner practice is a perfect opportunity for a CPA or EA who
wishes to strike out on their own or an existing firm looking to acquire a valuable book of business. Average fees
are strong, and there is low concentration risk as no single client represents over 5% of revenue.
The owner has grown the firm for over 30 years and is eager to assist in smoothly transitioning the clients to a
new owner. The firm currently has space in an attractive location.
Clients are mostly in the Denver/Boulder area and consist of retail (liquor,
automobiles, cosmetics), real estate brokers, real estate support, farmers,
attorneys, physicians & nurses, commercial & residential construction, oil &
gas industry, educators, property manager. Concentration is low as no client
is greater than 5% of revenue.
