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$400,000 Revenue NE Hartford CT Area CPA Practice

Hartford, CT, USA
Updated 137 days ago

CPA Practice for Sale NE Hartford, CT Area $400,000 Revenue Overview ABA Advisors represents this tax, bookkeeping and consulting firm located in the NE Hartford, CT area. The owner wishes to retire but is willing to provide transitional assistance to the buyer to help ensure client retention. The Practice The firm serves individual and small business clients in the Greater Hartford, CT area. While not yet fully paperless, it is actively moving in that direction. Average fees are strong for a practice of this size, with the average 1040 just under $650 and business returns ranging from $1,179 to $1,833. Average annual revenue growth has been 15-25% per year the past several years, with 77% from Tax, 9% from Accounting & Bookkeeping, 11% from Planning, 3% from Resolution, and 1% Miscellaneous. Staff are expected to transition with the buyer, and the seller believes the ideal buyer is a CPA or EA with significant tax experience ready to build on a strong, growing platform. Business ID# CT-2122

Real Estate

Lease

Support & Training

Seller is willing to provide transitional assistance to the buyer to assist client retention but, is not interested in post-closing employment. Staff are not aware of the sale. The seller anticipates 2 of the staff will likely transition to the buyer.

Reason for Selling

Seller is of retirement age.

Financials

Asking Price
$250K - $500K
RevenueMost Recent Year
$400K
Earnings (SDE)Last Reported
$216K
Assets Value
Undisclosed
Seller Financing
Not available

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