Practice for Sale

State: Washington

County: King

City: Kirkland

Status: Sold

Annual Gross:  $192,000

This CPA practice was started from scratch in 1994. Today the practice provides tax compliance and preparation services (80% of revenue) and accounting services (16%), mostly year-end work to inform the tax return preparation with a little bit of monthly and quarterly work, to approximately 240 clients. The ideal buyer has some depth of experience with estate and trust tax returns (18% of the tax return revenue) as well as individual, corporate and partnership returns. The seller is planning to retire but available to assist the buyer through transition and even work for the buyer for a short period if that would be helpful.

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