Description:
This CPA Tax & Accounting Practice for sale in Deep East Texas with annual gross revenue of approximately $212,000. This well-established practice is highly profitable, utilizing value billing to generate an exceptional effective rate and cash flow to owner of about 60% of gross revenue, even though the seller is not working full-time in the practice. Revenues are nicely mixed between accounting services (37%), tax work (60%), and consulting services (3%) to provide year-round income. There is a loyal, high-quality client base, including a good number of business clients, which should offer plenty of opportunities for expansion of services and continued growth through referrals. With a knowledgeable staff in place to assist with transition and provide capacity for growth, this is an ideal sized, turn-key opportunity for any experienced accountant ready to step into practice ownership. It would also be an easy, profitable addition to another existing practice seeking expansion in this market.