REF | STATE | LOCATION | ANNUAL GROSS $ | STATUS | PRIVATE SALE / BROKER |
---|---|---|---|---|---|
4808 | OK | Norman / Oklahoma City | $550,000 | sold | ABA Advisors, LLC |
EMERGENCY SALE: This well-established, low volume / very high-margin firm is in urgent need of a new owner. The seller is a CPA with health concerns and wishes to sell the practice immediately.
The firm prepares only 100 1040s at an average of almost $2,200 each. Business returns are less than 50 with an average fee of nearly $4,300 each.
~$400,000 of work is yet to be billed in 2024.
Currently, the seller meets in person with fewer than 10 clients per year.
There is no attestation work and a nice block of recurring accounting work as well. The Seller would like to assist in transitioning clients and work part-time. Staff are aware of the sale. This is a rare opportunity to purchase a premium book of business. OK-2054
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