Practice located in:

Status:

Southern Brooklyn, NY

Under Contract

About this

practice

Practice ID:

NY-1123-22

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 software, CFS JTAX and NPSYTEMS. 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

Transition to Retirement

location

Located in:

Southern Brooklyn, NY

Sales details

Annual Revnue:

$350,000

Sales Price:

$437,500

Terms:

40-80% down. Remaining balance paid over 3 years @ prime plus one. Outside conventional financing (up to 90% ten-year) is available for qualified buyers.