Business Description

This CPA firm in Central Tucson, Arizona is established and financially stable, offering a high Seller's Discretionary Earnings (SDE) margin of over 50%. Specializing in tax services and monthly accounting, the firm is currently available at a discounted rate as the principal is seeking a quick sale. The revenue breakdown consists of 65% tax services and 35% accounting services, with average prices for 1040 and corporate tax returns at $450 and $1,000 respectively. With a full-time employee handling bookkeeping and client services, potential buyers have the option to retain the employee post-acquisition. The principal is open to different roles after the sale, whether it involves assisting during tax season to facilitate the transition or moving into retirement to pass on the firm's cash flow entirely. The current lease is set to expire in November 2024, providing flexibility for the buyer to negotiate a new lease or relocate the practice to a preferred location. Both CPA and EA owner operators are welcome