New York, NY Practice for Sale-Sold - Business for Sale
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Accounting and Tax Practice in New York, NY
New York, NY, US
Added 1 year ago
Financial Services - Tax and Accounting Practice
31 years in business
This is a New York, NY-based accounting and tax practice serving a diverse client base including individuals, corporations, partnerships, and fiduciaries.
Key Information
Asking
$2.6M
Revenue
$1.4M
Earnings
$703K
Multiple
3.7x
Key Highlights
- Year established: 1994 (31 years in operation)
- Full-time employees: 4
- Estimated client base: 700 individual, 100 corporate, 65 partnerships, 45 fiduciary
- Service breakdown: Tax Returns ($717,000), Annual Write-Up & Taxes ($195,000), Semi-annual Write-Up & Taxes ($240,000), Quarterly Write-Up & Taxes ($66,000), Monthly Write-Up & Taxes ($69,000), Review/Consulting & Taxes ($26,000), Other ($53,000)
- Currently 1 review and 1 compilation performed
- Client base includes high net worth professionals (attorneys, doctors) and businesses in various industries
- Uses Ultratax Software, QuickBooks, and CFS-Payroll System
Contact Info
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