Practice located in:

Status:

Southern Brooklyn

SOLD

About this

practice

Practice ID:

NY-1106B

Well established, third generation CPA accounting and tax practice located in Southern Brooklyn with a 50% plus net. The location is ground floor with heavy foot traffic. The Seller is currently utilizing Proseries tax softwar, CFSJTAX and NPSYSTEMS. The seller prefers that the practice remains in the current location or is ported to a reasonably nearby geographic location, but the Seller is open to discussion otherwise, There are currently two employees who are expected to be retained. The Seller will stay for an orderly transition and also seeks to stay working in a reduced role.

reason for selling

Seller is primarily seeking to sell the practice and stay on after cutting back work load.

location

Located in:

Southern Brooklyn

Sales details

Annual Revnue:

$400,000

Sales Price:

$325,000

Terms:

40-80% down, Remaining balance paid over 2-3 years @prime plus one