
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:
Northern Westchester County
ON HOLD
About this
practice
Practice ID:
NY-1121-22
Well-established Westchester County area accounting and tax practice. CPA owned with a 65% plus net. The practice is family owned; the seller took ownership in 1980. Clients are a balance of small professional businesses and individual tax clients. The practice is presently using Ultra Tax and Quickbooks. The practice operates out of a well-established professional office building leased by the seller. It may be possible to take over the lease or port the practice to any reasonable distance within 10 miles or so. The seller will support a strong transition of the clients. The seller may stay on as needed to perform accounting and tax work for reasonable compensation. There is one valued employee who works on a full-time basis who can stay on.
reason for selling
Retirement
location
Located in:
Northern Westchester County
Sales details
Annual Revnue:
$400,000
Sales Price:
$550,000
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.