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Practice located in:

Status:

Western Suffolk County

IN CONTRACT

About this

practice

Practice ID:

NY-1116-23

Well-established Western Suffolk, near Nassau County, tax and accounting practice. CPA-owned with an almost 70% net. The practice was moved from an office in Rego Park Queens due to the pandemic. The practice is currently worked from the home of the Seller and should be ported to a reasonable location. The Seller will stay on for a strong transition and is happy to stay on part time for tax and accounting work. The practice is presently utilizing Intuit Proseries and Quickbooks. There are currently no employees, although contracted tax preparers and or bookkeepers may be used.

reason for selling

Retirement

location

Located in:

Western Suffolk County

Sales details

Annual Revnue:

$234,000

Sales Price:

$305,000

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.

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