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 - Accounting Practice
31 years in business
This is an established accounting and tax practice in New York, NY serving a diverse client base including individuals, corporations, partnerships, fiduciaries, and high net worth professionals.
Key Information
Asking
$2.6M
Revenue
$1.4M
Earnings
$703K
Multiple
3.7x
Key Highlights
- Years established: 31 (since 1994)
- Full-time employees: 4
- Estimated client base: 700 individual, 100 corporate, 65 partnerships, 45 fiduciary (1041)
- Service breakdown includes: 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)
- No audits or SEC work; client base includes high net worth professionals and various business sectors
- Software used: Ultratax Software, QuickBooks, CFS-Payroll System
Contact Info
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