CPA Practice for Sale NE Hartford, CT Area $400,000 Revenue
Overview
ABA Advisors represents this tax, bookkeeping and consulting firm located in the NE Hartford, CT area. The owner wishes to retire but is willing to provide transitional assistance to the buyer to help ensure client retention.
The Practice
The firm serves individual and small business clients in the Greater Hartford, CT area. While not yet fully paperless, it is actively moving in that direction. Average fees are strong for a practice of this size, with the average 1040 just under $650 and business returns ranging from $1,179 to $1,833. Average annual revenue growth has been 15-25% per year the past several years, with 77% from Tax, 9% from Accounting & Bookkeeping, 11% from Planning, 3% from Resolution, and 1% Miscellaneous. Staff are expected to transition with the buyer, and the seller believes the ideal buyer is a CPA or EA with significant tax experience ready to build on a strong, growing platform.
Business ID# CT-2122
