Description:
The very well-established yet growing CPA practice is located in southern Passaic County NJ and has annual gross revenues of approximately $600,000. This full-service firm has earned a reputation for providing professional services and caters to a loyal, high-quality client base composed of businesses and individuals. Revenues are desirably comprised between accounting services (53%) and tax preparation (47%) to provide steady, year-round income with over 70% of the revenue being generated from businesses. The practice has a good fee structure and yields excellent cash flow to owner near 50% of gross income. With an experienced, knowledgeable staff in place to assist in a smooth transition, this practice is the perfect size and opportunity for any CPA ready to start or expand a profitable practice.