Hartford County, CT
$85,000
Accounting Businesses and Tax Practices For Sale in Connecticut
Buy or Sell an Accounting Business and Tax Practice in Connecticut
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 7 |
| Median Asking Price | $325,000 |
| Median Reported Revenue | $310,000 |
| Median Reported Seller's Discretionary Earnings | $193,284 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $212,500 | $325,000 | $531,250 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Accounting Businesses and Tax Practices for sale in Connecticut.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $261,250 | $115,500 |
| Median | $310,000 | $193,284 |
| Upper Quartile | $620,000 | $370,000 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller’s discretionary earnings of Accounting Businesses and Tax Practices listed for sale in Connecticut.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 1.01 | 1.58 |
| Median | 1.06 | 1.62 |
| Upper Quartile | 1.11 | 1.82 |
| Find out what these types of businesses actually sell for with a BizBuySell Valuation Report | ||
FAQ's
How much does it cost to buy an Accounting Business and Tax Practice in Connecticut?
The median asking price for an established Accounting Business and Tax Practice in Connecticut is $325,000, though prices range from under $212,500 to well over $531,250.
How much do Accounting Businesses and Tax Practices owners in Connecticut earn?
The median reported revenue of Accounting Businesses and Tax Practices in Connecticut is $310,000 and owners earn a median of $193,284, which includes the owners salary and any other financial benefits they receive.
How do I value an Accounting Business and Tax Practice?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Accounting Businesses and Tax Practices in Connecticut, revenue multiples range from 1.01 to 1.11, with a median of 1.06. Earning multiples range from 1.58 to 1.82, with the median at 1.62. This means the typical Accounting Business and Tax Practice in Connecticut may ask for around 1.06 times its annual revenue, and 1.62 times its annual owner earnings.
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