Tax Partner Not right for you? We've got others

Salary:
$150,000 - $200,000
Location:
Seattle, WA
Posted:
October 3rd 2018
Relocation Assistance:
Available
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Well established and  highly profitable CPA firm located in the Seattle area iss searching for a direct entry Tax Partner. The current owner is looking to sell the practice.  Candidates must be a public accounting Tax Manager or Partner who is a licensed CPA with a FICO score of over 750 and no prior bankruptcies, in order to qualify for an SBA loan for 75% of the value of the practice. No cash is required as a private investor will put up all cash and add value in many other ways in return for a limited typical 15% equity position.

Description:

Sales asking price $700K

Description:

• The owner is an MBA, EA
• This practice was established in 2009
• This practice can be relocated
• Software in use includes Lacerte
• Approximately 2,900 individual tax returns with an average fee of $207 per return
• Approximately 190 business tax returns with an average fee of $421 per return
• $6,000+/- revenue is generated via bookkeeping and business formation consulting
• Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $258,776
• Lease expires in 12/31/2018

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