Software: CCH ProFx, Quickbooks, and Sage Assumable Lease.įurniture and Equipment: Networked Computers, workstations, and a full complement of office furniture, printers, copiers, plus all other equipment and software included in selling price. Modern and upscale working offices plus conference room and reception area. Individual and Business tax preparation: 34%įacilities: Class A office space. There is also an experienced, knowledgeable staff in place to assist a seasoned CPA looking to get into a successful practice or a firm looking to expand into the market. There is a strong cash flow to owner of approximately 45%, which is well above industry standards for practices of this size. There is a solid, steady, and consistent monthly revenue stream, which helps provide year-round income and steady employment. There is an excellent mix of services including 54% derived from tax and accounting services provided to a thriving group of businesses, while the remainder consists of 27% governmental accounting/auditing services, and 19% individual tax preparation. The firm is well respected in the community and enjoys a quality client base, many of whom have been with the owner since the ’70s. Practice Details: This CPA Tax & Auditing practice has annual gross revenues of $1,100,000. Note: Owner may consider a Revenue Guarantee and Seller Financing Software: Accounting: QuickBooks, Tax: Lacerte Staff: Owner will provide transition support. Revenue breakdown: Tax Prep: 68%, Write-Up and Accounting: 19%, Payroll 13%įurniture and Equipment: The full complement of office furniture, printers, copiers, plus all other equipment and software included in selling price. Owners Cash Flow: Averages 39% of annual revenue This firm has been in business for over 20 years with an established and loyal client base. Practice details: Retiring Owner seeking buyer for a profitable and well-established tax and accounting practice.
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