Description:
• Well established CPA practice for sale in the Scenic Rivers region of Southwest Mississippi • Revenue mix: Accounting (55%), tax preparation for individuals (24%) and business / other entities (18%), and other revenues (3%) • 2020 gross revenues were $302,000 and are estimated to be comparable in 2021 • With more than half of revenues derived from monthly accounting services, the practice experiences a year-round revenue pattern, supplemented by a bump-up during tax season, making this a great practice to acquire any time of the year • Solid net cash flow to owner of approximately 47% • Stellar client retention rate of 95% • The practice is poised for growth, as the owner is currently turning away new business • The owner will assist in the transition