Description:
• The owner is a CPA • This practice was established in 2000 • Seller willing to stay on as needed to facilitate smooth transition and retention of clients • Software in use: PFX • Approximately $24,000 in revenue generating from a compilation associated with a tax return • 175 individual tax returns with an average fee of $3,840 per return • Approximately 126 business tax returns with an average fee of $4,468 per return • Approximately 27 Other returns with an average fee of $5,037 per return • Approximately $66,000 in revenue generated from Audit & Review • Approximately $63,000 in revenue generated from consulting • Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $614,585 (2021) • Lease expires: May 2024, lease assumable