Business Overview

Tax Practice for Sale Waukesha County WI
Listing Code: WI 1113

Practice Details: Outstanding tax practice in Waukesha County. Very good cash flow over 75%.

Annual Revenue: $130,000

Revenue breakdown:  Individual and Business tax: 95% (no Audits or Reviews) Average return is >$1000

Facilities: Assumable low $$$ month to month lease

Furniture and Equipment: included

Staff: CPA Owner plus possible Office Manager/Tax Prep if desired

Software: Ultra Tax, CCH

Asking Price: $130,000


  • Asking Price: $130,000
  • Cash Flow: N/A
  • Gross Revenue: $130,000
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Why is the Current Owner Selling The Business?

There are all kinds of reasons people decide to sell businesses. However, the real factor vs the one they say to you may be 2 completely different things. For instance, they might say "I have too many various obligations" or "I am retiring". For many sellers, these reasons are valid. But also, for some, these may just be excuses to try to hide the reality of transforming demographics, increased competition, recent reduction in profits, or a range of other factors. This is why it is very important that you not depend entirely on a vendor's word, however rather, use the seller's solution along with your total due diligence. This will paint an extra sensible picture of the business's existing scenario.

Existing Debts and Future Obligations

If the current business is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your deal. Many businesses finance loans in order to cover points such as inventory, payroll, accounts payable, etc. Keep in mind that occasionally this can suggest that revenue margins are too small. Many businesses come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future obligations to consider. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with suppliers that should be fulfilled or may lead to fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the location draw in brand-new consumers? Most times, companies have repeat clients, which develop the core of their daily profits. Certain aspects such as new competitors sprouting up around the location, road building, and staff turn over can influence repeat clients and adversely affect future incomes. One important thing to think about is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Clearly, the more individuals that see the business on a regular basis, the better the possibility to develop a returning consumer base. A final thought is the basic location demographics. Is the business located in a densely populated city, or is it located on the outside border of town? Just how might the local mean house earnings influence future revenue potential?