Description:
Exceptionally nice tax and audit practice for sale in Danbury, Connecticut (Fairfield County).  Due to its solid fee structure and low operating costs, this CPA practice yields unusually high cash flow (81%) from its loyal clientele.  The revenue mix includes 1040 preparation (approximately 27%), financial statements and business tax preparation (30%), and audits and reviews (43%).  The practice is poised for future expansion, as the owner works only about 1,200 hours per year in the practice.  The owner is retiring but is willing to assist in an orderly transition.