Description:
• Single-owner CPA practice • 85% Tax Preparation (59% Individual; 41% Business); 8% Bookkeeping; 5% Consulting; 2% Payroll • Cash flow to owner before potentially duplicate expenses is an impressive 94% of gross revenue • Practice utilizes ProSeries, QuickBooks and ez1099 • No employees • Practice is operated out of owner’s home • Owner is looking forward to retirement • Owner believes working alongside buyer on a part-time basis will enhance client retention but is also open to simply assisting buyer through an appropriate transition period to maximize knowledge transfer and client retention