Description:
This reputable CPA practice for sale in the desirable North Dallas area has annual gross revenues of approximately $392,000. This highly-profitable practice boasts a strong fee structure and yields exceptional cash flow to owner of about 70% of gross. Revenues are derived primarily from tax work, which has been the owner's focus and makes up about 83% of the total. The balance is derived from write-up and accounting (13%), reviews, and other miscellaneous services. Through a commitment to responsiveness and reliability, the practice has cultivated a high-quality client base composed of small to medium size businesses and moderate to high-net worth individuals, which should offer opportunities for expansion of services and growth through referrals. There is a knowledgeable staff member in place and the seller is also willing to assist in transition as desired. This practice would be the perfect size and opportunity for an experienced CPA ready to transition into practice ownership. It could also be ideal for another established firm in the area that would like to expand its client base.