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Professional, Scientific & Technical Services

Kennebec County Maine EA Practice

Maine, USA
Updated 1 day ago

Established in 2010, this well-established EA practice offers an exceptional opportunity to acquire a high-volume tax and advisory firm with multiple revenue streams and strong cash flow.   Practice details: • Software in use includes Drake • Approximately $49,000 in annual revenue, via Payroll & Consulting (~105 clients) • Approximately 2,040 individual tax returns with an average fee of $156 per return • Approximately 761 business tax returns with an average fee of $419 per return • Approximately $48,000 in annual revenue from amended returns, 1099's & extensions • Approximately $27,000 in annual revenue from Corporate Services  • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business:  $390,000 (Proj. 2026) • Offices located in Kennebec & Knox Counties. Seller owns both office buildings.

Listing #

ME6448

Financials

Asking Price
$990K
RevenueMost Recent Year
$825K
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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