Description:
Polk County CPA (Lakeland area) is selling a profitable accounting and tax practice. The practice services include accounting/payroll 27%, security income 28% and tax preparation 45% (individual tax preparation 48%, business tax preparation 49% and other 3%. The revenues and cash flows for 2020 are $525,000 and $405,000, respectively. The practice is poised for further growth with additional advertising. The selling price is $550,000. The seller will assist with the transition. Please note that this opportunity is NOT suitable for remote or virtual operation. The owner wishes to sell to a CPA buyer who either resides in the Lakeland area or will relocate to the Lakeland area to work in the practice full-time.