Business Overview

Tax and Accounting Practice FOR SALE
Our Listing # WI 1112

Geographic Location: Central Wisconsin

Practice Details: Outstanding very profitable tax practice in Central Wisconsin.
CPA Owner willing to stay on for transition as needed. Excellent cash flow well over 50%

Annual Revenue: $349,000

Owners Cash Flow: $267,000

Revenue Breakdown: Individual and Business tax 53%. Write up 47%
No Audits or Reviews.

Listed Price: $350,000

Facilities: Two Locations

Furniture and Equipment: All computers and server, phone system come with the Practice. Plus 1 Computer. 1 Server. desks. chairs. file cabinets

Staff: Owner CPA plus Bookkeeper

Software: Intuit

For more information about this opportunity, reply or call Jeffrey Fremder

Phone: (414)) 962 7773 E-mail:


  • Asking Price: $350,000
  • Cash Flow: $267,000
  • Gross Revenue: N/A
  • 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 sorts of reasons why individuals resolve to sell operating businesses. However, the real reason and the one they tell you may be 2 totally different things. For instance, they may claim "I have way too many other responsibilities" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these might just be excuses to attempt to conceal the reality of changing demographics, increased competitors, recent decrease in profits, or an array of other reasons. This is why it is extremely vital that you not rely absolutely on a seller's word, however rather, make use of the vendor's response along with your total due diligence. This will paint an extra sensible image of the business's existing scenario.

Existing Debts and Future Obligations

If the existing business is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your offer. Many operating businesses finance loans with the purpose of covering points such as stock, payroll, accounts payable, and so on. Bear in mind that in some cases this can mean that earnings margins are too tight. Lots of businesses fall into a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may additionally be future obligations to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with suppliers that have to be satisfied or may cause charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the area bring in brand-new customers? Many times, companies have repeat consumers, which form the core of their everyday profits. Certain factors such as brand-new competitors growing up around the area, road construction, as well as staff turn over can impact repeat clients and adversely affect future profits. One crucial thing to take into consideration is the placement of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Obviously, the more people that see the business often, the higher the possibility to construct a returning customer base. A final thought is the basic location demographics. Is the business situated in a densely inhabited city, or is it located on the edge of town? Exactly how might the neighborhood mean home earnings effect future income prospects?