Description:
• Single-owner CPA practice in vibrant, growing community • 66% Tax Preparation (54% Individual; 46% Business and Other); 34% Bookkeeping/Payroll • Cash flow to owner before potentially duplicate expenses is in excess of 50% of gross revenue • Practice utilizes Drake and Quickbooks • Twelve employees - 2 CPA's, 2 EA's, 6 accounting staff plus 2 administrative support • Principal office space is leased plus owner-occupied satellite office; seller is open to selling or leasing satellite office to new practice owner • Owner is looking forward to retirement after a long, successful career • Owner anticipates assisting buyer through an appropriate transition period to maximize knowledge transfer and client retention