Description:
This reputable CPA firm is desirably located in Central Massachusetts and has annual gross revenues of approximately $1,200,000. Revenues are comprised of 58% individual tax and 42% business tax, with a small amount of bookkeeping, compilations, reviews and tax resolution. The practice caters to a very well-established, desirable client base that includes 800 individuals that average over $850/return, while the businesses average over $1,700/return. The practice is highly profitable for its size and yields an amazing 50% cash flow to owner. This unique, turn-key opportunity is well-staffed and located in professional district of a growing town and is ideal for an experienced CPA looking to step into a first-rate practice. It would also be a profitable addition to or branch office for another firm looking to expand in this desirable market area.