Description:
This unique Dallas-Fort Worth (Mid-Cities Area) based virtual CPA firm for sale produces annual gross revenues of approximately $1,700,000. It caters to a quality, nationwide client base of small businesses and business owners, predominately within two niche markets, both of which afford tremendous growth potential. The practice utilizes an advantageous, fixed fee model whereby 90% of the income is derived from clients who pay a set monthly amount for bundled bookkeeping, payroll, and tax services, thus generating steady, year-round cash flow. The practice has experienced consistent and rapid growth, primarily through a strong referral network within the niche markets it serves. It has earned a great reputation for providing quality, expert services and is perfectly positioned to continue to attract and retain business within these market segments. There are also excellent growth opportunities within the existing small business client base to expand services. With an experienced staff in place, this profitable, turn-key practice is primed for a smooth transition and continued, rapid growth. Due to the nature of the practice and the fact that the clients are serviced remotely, a buyer has flexibility with regard to where the practice is located. Also, the founding principal is willing to work with the buyer through an extended transition period, if desired, to help ensure a smooth handoff of clients, knowledge, and referral source relationships with the niche markets.