Description:
• The owner is a CPA • This practice was established in 1989 • Software in use includes CCH PFX Tax, Engagement, Practice Management; MS Office; Adobe Pro • Approximately 80 bookkeeping clients generating $650,000 in revenue • Approximately 600 individual tax returns with an average fee of $1,800 per return • Approximately 150 business tax returns with an average fee of $4,200 per return • Approximately 200 other tax returns with an average fee of $1,325 per return • $275,000 +/- in revenue is generated via consulting audit, review, etc. • Annual cash flow including owner's salary and benefits, personal vehicles and any other non-operational expenses of the business: $775,000 • Lease expires in December 31, 2023