Description:
CPA retiring from very profitable Tax and Accounting Practice. In business since 1993 with excellent area reputation and loyal client base. Located in a growing city in a well equipped office building with easy access. Seller has taken planning steps to accommodate an easy transition for the new Owner. Gross Revenue for 2008 was $585,000. 34% Personal Tax Prep (Average $319). 30% Business Tax Prep (Average $1146), Compilations, other Business Services. 36% Monthly and Quarterly Accounting Services. No Audits. Owner works 1800 hours annually yet generates an above average owner cash flow of 44% of the Gross Revenue. Asking $605,000.