Northern Hartford County, CT Accounting & Tax Practice for Sale

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Financial Details

Asking Price:
$600,000
Annual Revenue:
$550,000
Cash Flow / SDE:
$340,000
Valuation Multiple:
1.8x
Location:
Hartford County, CT, US
Source:
Date:
June 25, 2025

Key Highlights

- Established accounting and tax practice with strong revenue exceeding $550,000.
- High cash flow, estimated at 59% of gross revenue ($340,000 for 2025).
- Located in Northern Hartford County, CT, near Enfield and Suffield, with growth potential.

Description

Accounting and tax practice for sale in Northern Hartford County, near Enfield and Suffield, Connecticut, and Springfield, Massachusetts. Revenue mix: Accounting (approximately 67%), tax services for individuals (24%) and business entities (5%), and other professional services (4%). The practice has experienced steady growth. Gross revenue for the most recently completed twelve months exceeded $550,000, and 2025 gross revenues are estimated to grow to $580,000. Cash flow is strong at 59% of gross revenue ($340,000 estimated for 2025). Software in use includes Drake and Quickbooks. The owner will assist in transitioning clients to the buyer. Please note that buyer must be a CPA or an Enrolled Agent.

Industry Information

Industry Description:
Accounting
Classification:
Financial Services

Listing Details

Listing ID:
d92ddc09-4daf-4b4a-8b02-cae40335c819
Deal Status:
For Sale
Date Posted:
June 25, 2025
Last Updated:
June 25, 2025
Currency:
USD

Features & Tags

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