| Asking Price |
$270,000 | Inventory |
$10,000** |
|---|---|---|---|
| Gross Income |
185,626 | Real Estate |
$500,000** |
| Cash Flow |
$97,456 | Year Established | 1970 |
| FF&E |
N/A | Employees | 1 |
* included in the asking price
** not included in the asking price
This is a well established accounting and tax practice with a profitable history located in a desirable Central Vermont community. This stand alone accounting practice is growing and has provided the retiring owner a very comfortable living for more than 38 years. This business offering represents an opportunity to take your accounting career to the next level or expand your existing practice. This business provides accounting and tax service, specializing in helping individuals and small businesses. The real estate is offered separately for $500,000. The business and real estate are offered as a package for $750,000.
Facilities: The property is located a busy intersection, highly visible from all directions. The building has three floors with the third floor used for storage. The second floor is leased at a rate of $2,000 per month. The first floor is split with the accounting practice utilizing half and half is leased to a retailer at the rate of $1,000 per month. Each floor consists of approximately 2,000 square feet. The property is offered for sale at $500,000.
Competition: This practice has been in operation since 1970 and enjoys a high level of local support. The longevity in the community has earned the business a well-established customer base, as well as an excellent cash flow that shows a high profit margin.
Support/Training: The seller is prepared to work out a transitional period with a buyer to effect a smooth transfer of ownership.
Reason Selling: Seller is retiring after 38 years in the business.

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