VERMONT

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REFSTATELOCATIONANNUAL GROSS $STATUSPRIVATE SALE / BROKER
4902VTUpper Valley area VT/NH$400,000expiredPrivate Sale

CPA tax and accounting practice for sale ($450,000) in the Upper Valley VT/NH area near Dartmouth College.
This well-established firm has annual gross revenues of approximately $400,000, generates owner discretionary cash flow of over 50%.
Approximate Revenue mix: Tax preparation for Business/other entity returns and related individual (51%); Tax preparation for individuals (18%). and Accounting/Bookkeeping/Payroll (31%). Great return average. High retention.
There is currently a physical location which can be rented or purchased separately. A move to a fully remote practice is also possible, the practice attracts clients nationally.
The owner is willing to stay on for tax work on a part-time basis for Buyer after closing, which should help with a seamless transition and with client retention.
Willing to consider other options: Merger, selling tax only or bookkeeping only, someone coming in as a partner etc..