Accounting Practice for Sale in Houston, TX

Price: $1,200,000

Location: Houston, TX

Industry: Accounting and Tax Practices

Listing Status: New

Description

Client & Revenue Profile

Accounting & Bookkeeping:

Monthly Clients: 10 | Avg Fee $2,300 | Total $23,000

Income Tax:

Individuals: 360 | Avg Fee $1,200 | Total $432,000

Businesses: 82 | Avg Fee $3,000 | Total $225,000

Other: 10 | Avg Fee $2,900 | Total $29,000

Other Services:

Advisory: $30,000

IRS Resolution / Tax Catch-up: $100,000

Total Gross Revenue: $840,000

Client Demographics:

50% small business owners (82 separate business filings)

200 individual clients (professionals, retirees)

Primarily Texas-based, with some out-of-state and international clients (Canada, Norway, Taiwan, Cayman Islands, Germany, Guatemala)

Client Delivery:

90% trained to use electronic document delivery (ShareFile) and e-signature (RightSignature)

Remote staff work 3 out of 5 days per week

SDE - $367,400

Asking Price - $1.2M

LISTING DETAILS

Total Sales: $840,000

Cash Flow: $367,400

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

Todd Steinberg

Todd Steinberg