Description:
• Single-owner CPA practice, well established in the community • 78% Tax Preparation (47% Individual; 47% Business; 6% Other); 16% Bookkeeping/Payroll; 2% Consulting; 4% Compilation & Reviews • Cash flow to owner before potentially duplicate expenses is 36% of gross revenue • Practice utilizes Ultra Tax, QuickBooks, ACS and various Thompson Reuters Platforms • Two managing CPAs, one staff accountant, and one bookkeeper/admin • Professional, well-appointed office suite in prime business location. Assumable lease runs through 5/31/22 • Owner is ready to retire after a very successful 44-year career. • Owner anticipates assisting buyer through an appropriate transition period to maximize knowledge transfer and client retention.