Profitable King County Bookkeeping & Tax Practice
For over 19 years, this Washington Practice has offered a wide range of tax and accounting services to both business and individual clients. The Practice’s service by revenue breakdown is 49% Tax Returns, 35% Bookkeeping and 16% Payroll Services. Including the Owners, the Practice has six (6) staff members serving its ~780 active clients. In 2022, the Practice brought in over $763k in tax and accounting gross receipts, a YoY increase of 19.4%! Additionally, the Practice, in the trailing twelve months, brought in gross receipts of over $800k, a 4.9% increase over 2022 during the same time period. Projections for 2023 year-end show revenues up another ~10% YoY. The Owners are willing to provide transition assistance and help with goodwill transfer, business development, and other “mentoring” functions for an agreed-upon time to ensure the new owner’s return on investment is realized.