Description:
•Very well balanced growing CPA practice with revenues as follows: Compilation and bookkeeping (55%); T1 (15%); T2 (17%); Audit and reviews (9%); Tax specialty consulting (19%) •Buyer please note included in 2019 billings is a special project which generated approximately $90,000 of fees which are not expected to be repeated. Sustainable ongoing billings are $510,000 however note that new clients are regularly being added on an ongoing basis •Owner is a CPA, CA •Practice is located in an ideal area for outdoor enthusiasts. • Excellent cash flow to owner at 49% •Excellent long term professional staff willing to continue with new owner •Computer software in use; Casewear, profile, Simply, Quickbooks, Microsoft 365 •Outgoing partner will be available for an orderly transition in order to ensure a successful transition to the new owner.