Description:
• Single-owner CPA practice with loyal and established client base • Buyer-friendly financing is available • 100% Tax Preparation (49% Individual; 45% Business; 6% Other) • Cash flow to owner is 39% of gross revenue • Practice utilizes Accounting Xpert, UltraTax and Accounting CS • Two full-time staff - tax preparer and bookkeeping • Space is leased from bank on a yearly basis. Lease is most likely renewable • Owner anticipates assisting buyer through an appropriate transition period to maximize knowledge transfer and client retention