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A virtual tax practice based in Santa Cruz County, California, operating since 2005.

Ask $500K · Profit $187K · 2.7x · BizBuySell

Oct 28
Ask
$500K
Revenue
$285K
Profit
$187K
Margin
66%
Multiple
2.7x
Age
~21 yrs (2005)
Label
Worth Studying
Reason
21 years old with a 66% margin, but the listing gives no description, staff, trend or reason for sale to build a purchase case on.

Ask the seller

  1. Does the practice rely on the owner's EA or CPA credential, and would a buyer need one to keep clients?
  2. What share of revenue arrives in the January to April filing season, and what work fills the rest of the year?
  3. Why is the owner selling, and will they stay through one filing season to introduce clients?

Short entry: the listing gives figures only.

Oct 30Added to Acumen Wire
View at BizBuySell ↗

Acumen Wire labels

Every business here gets one label: the reason it made the list. Listings that fit none are left out.

Solid Business, Fair Price
Established (5+ years), profitable (20%+ margin), steady, and fairly priced. A serious candidate to buy.
Solid Business, High Price
Meets the same quality bar, but the asking price is hard to justify.
Worth Studying
An interesting model or growth story, or a larger business that doesn't meet the Solid bar. Better to learn from than to buy.
Small Growth Play
A small working business ($25K+ revenue, $10K+ profit) that a skilled marketer could grow.