Tax Partner in Denver at Apple & Associates

Date Posted: 11/3/2018

Job Snapshot

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Job Description

Well established and  highly profitable CPA firm located in the Denver area is 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.


Sales asking price $950K

? CPA Practice in significant growth area
? 68% Tax Preparation (30% Individual; 35% Business; 3% Other); 26% Planning & Consulting; 6%
Accounting Services.
? Over 50% cash flow to owner before potentially duplicate expenses
? Practice uses Lacerte tax and Quickbooks accounting software
? Long term full time employees plus seasonal tax preparer 
? Professional building offices leased (assumable) until end of 2018
? Owner is looking to focus on other opportunities but anticipates assisting buyer for an appropriate
transition period to maximize client transition. Owner is open to continued involvement with the buyer
for an extended period of time subsequent to sale.


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