Description:
This well-established, highly profitable CPA Practice is located in Wayne, NJ and produces annual gross revenues of approximately $237,000. The practice has been serving a quality client base of loyal individuals and small businesses in the community for the past three decades, which should continue to generate referrals and opportunities for expanding services. Revenues are nicely balanced to provide for steady, year round cash flow and are comprised of 63% tax, 31% bookkeeping, and 6% other services. In fact, 60% of the total revenue is derived from businesses. There is an excellent fee structure in place that yields strong cash flow to owner in excess of 70% of gross. This is the perfect size and opportunity for an experienced CPA ready to start a practice with a quality book of business. It would also be an easy, profitable addition for another firm seeking expansion in this area.