TENNESSEE

TN1063: The seller of this Western Knoxville Area CPA firm is approaching retirement. The firm is well known and has a great reputation in the area. With a large number of business clients, strong client retention and a stable staff in place, the firm offers a nice cash flow to the owner. The owner is seeking a CPA or EA buyer and will assist with a smooth transition after the sale.
Firm revenues include:
73% Income tax preparation services for individuals
19% Income tax preparation services for business and other clients
8% Accounting, bookkeeping, payroll and miscellaneous services
Asking: $450k