Description:
This well-established and growing CPA practice is in a Southwest Dallas Suburb and has annual gross revenues of approximately $400,000. It is the ideal size for any experienced CPA ready to jump into practice ownership or another local firm in the area seeking a profitable addition. It has a strong fees structure and yields excellent cash flow to owner above 65% of gross income. Revenues are desirably mixed between tax work (65%), accounting services (31%) and consulting and other services (4%) to provide year-round income. The practice caters to a loyal, quality client base, including many local businesses, which should offer plenty of opportunities for expansion of services and continued growth through referrals. There is also knowledgeable staff in place to assist in transition and provide capacity for growth.