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CPA Tax Practice that is highly profitable and well established. Primarily a tax practice that generates 50% cash flow to owner. The seller is willing to continue to provide assistance on a limited basis for a couple years after closing to ensure a smooth transition of the clients. The practice has a fair number of high net worth clients seeking tax planning. This is a practice with year round services and a substantial number of out of state partnership tax returns. The qualified candidate should have a strong background in income taxes including pass through entities as well as experience in a supervisory capacity.This practice may qualify for 100% conventional financing with a major bank More info
? Sole-owner CPA practice? Well established practice with stable client base. Excellent year-over-year growth and strong referral system? 99% Tax Preparation (51% Individual; 46% Business; 3% Fiduciary)? Cash flow to owner is 45%+ with potential to increase significantly first year of operations post sale and beyond? Practice utilizes CCH ProFX, Quickbooks and Office 365? Two full-time, one part-time professional staff plus one administrative employee? Offices are leased with space available to grow, absorb a small practice or sub-let? Owner is looking forward to a change in work-life balance? Owner anticipates assisting buyer through an appropriate transition period to maximize knowledge More info
- Single-owner CPA practice - Long-term, stable client base with strong referral opportunities in the same building- 70% Tax Preparation (69% Individual; 31% Business); 20% Bookkeeping/Payroll; 4% Consulting; 6% Reviews- Cash flow to owner before potentially duplicate expenses is a remarkable 83% of gross revenue- Practice utilizes Drake, Quickbooks and Lucion Filecenter (DMS)- One part-time administrative employee - Office space is owner-occupied; seller is open to selling or leasing space to new practice owner- Owner is looking forward to retirement after a long, successful career- Owner anticipates assisting buyer through an appropriate transition period to maximize knowledge transfer and More info
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