Business Description

Income tax and bookkeeping business in West Denver/Lakewood is up for sale, ideal for a local firm seeking to expand or an individual with prior tax and accounting experience. The solo practitioner operation utilizes ATX tax software, Quickbooks Desktop, and other tools, with a small office available for takeover or relocation nearby. Annual income for 2023 was close to $100k, with a projected increase to $120k-$125k in 2024 and further growth expected in 2025 through price adjustments and referrals. Services primarily focus on income tax preparation, handling around 300 returns annually, with a mix of virtual, in-person, and mail-in methods. The business is characterized by its efficient structure with minimal expenses and no employees, offering a high net profit margin of over 90% to the owner as per current operations. The majority of revenue stems from income tax services, including a variety of tax returns such as 1040, 1120S, 1120,