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Profitable, Automated, Turnkey Tax & Accounting Firm in Centennial, CO

Profitable, Automated, Turnkey Tax & Accounting Firm in Centennial, CO

Annual Revenue: $640,000

Firm Description: This well-established and highly efficient tax and accounting practice located in Centennial, CO offers a turnkey opportunity for a motivated buyer. The firm has focused on shedding low-value 1040-only clients and increasing pricing across services, resulting in a profitable and streamlined operation. The current owners have automated much of the write-up work, creating a smooth and scalable workflow. With a loyal client base already in place, there is ample opportunity to grow the practice by offering additional advisory services, enhancing marketing efforts, or expanding capacity during peak tax season.
Colorado’s Centennial area offers an ideal work-life balance. Just a two-hour drive from major ski resorts and with access to extensive biking and hiking trails, it’s perfect for professionals who appreciate the outdoors. This opportunity is ideal for a buyer seeking a scalable, tech-forward practice with strong financials and a solid team.

Business Details:

  • Asking Price: $640,000
  • Financing: Open to discussion
  • Total Annual Revenue (last 12 months): $640,000
  • Year Joined Padgett: 1999
  • Services: Accounting (45% of revenue), Tax (54% of revenue), Advisory (1% of revenue).
  • Clients: The firm serves 120 business tax clients and 430 individual tax clients. Tax documents are submitted primarily via electronic organizers, although some clients still prefer to drop off or mail their originals. No returns are prepared without a completed client questionnaire.
  • Remote Operations: Accounting services are fully remote with client logins maintained for efficient financial reporting. Tax operations are a blend of digital and traditional submissions, with a strong emphasis on electronic documentation.
  • Staff & Transition Support: Owners perform the majority of tax and accounting work; one plans to remain after the sale. One remote accountant handles the majority of Xero-based accounting work, and an office administrator supports daily operations. Both the remote accountant and administrator are expected to remain after the sale.
  • Office & Overhead: The firm leases a suite in an office complex with drive-up access. The setup is convenient for clients and low maintenance.
  • Technology & Software: UltraTax, Xero, Sharefile, Tallyfor, Cognito, QuickBooks Online.
  • Timeline: Seller ready to move quickly; inquire soon

Additional Information:

All firms in the Padgett network have access to our comprehensive support offerings including practice management, tax, technology, and marketing. Firms remain independent. Firm has highly effective digital presence for lead generation with SEO-optimized website, national Google Business Profile, national Google Ads campaign participation, and regularly updated Facebook page. Owner has access to trainings, one-on-one coaching, and year-round tax support.

We encourage you to contact us with any questions.

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