Description:
This CPA practice for sale in Richardson, TX has annual revenues of approximately $187,000 and growing. It is a well-established, profitable practice with a strong fee structure and produces cash flow to owner nearing 60% of gross. Revenues are composed primarily of tax preparation work, which makes up about 83% of the total.   The firm also provides bookkeeping, payroll, and consulting services for some clients as well as IRS representations. While the owner has focused on tax preparation, the quality client base includes a large number of businesses and should provide opportunities for expansion of services as well as continued growth through referrals. It would be the perfect size for an individual ready to jump into practice ownership or might also make a nice addition to another firm in the area.