
Prime Accounting Transitions
Buying and Selling Accounting Practices
(844) 394-4259 | Allan@primeaccountingtransitions.com
3 grace avenue, Great Neck, NY 11021
Practice located in:
Status:
Nassau County,
CLOSED
About this
practice
Practice ID:
NY-1115-22
Well-established Nassau County area tax and accounting practice. CPA owned with a 50% plus net, the practice has good payers, loyal and friendly clients. The practice is open to non CPAs. The business clients are mostly professional businesses. The practice is presently utilizing CCH-ProsystemFx. The practice operates out of a well-established professional stand-alone 2-story office building owned by the Seller. There are options to purchase the building, lease the building, or port the practice to any reasonable area in Nassau County. The Seller seeks retirement but will stay for a smooth transition and work to support the transition. In addition, the Seller is willing to continue to work in the practice at reasonable compensation. The Seller has strong rain-making abilities. There are two valued employees, one will stay only for the transition, the other will stay at your discretion.
reason for selling
Retirement
location
Located in:
Nassau County,
Sales details
Annual Revnue:
$620,000
Sales Price:
$870,000
Terms:
50-80% down. Remaining balance paid over 3 years @ prime plus one. Outside conventional financing (up to 90% ten-year) is available for qualified buyers.