Description:
This well-established, highly-profitable CPA practice for sale in Honolulu, HI has annual gross revenues of approximately $798,000. The practice has a strong fee structure and yields solid cash flow of about 49% of gross to the owner.   Revenues are derived predominately from tax compliance and planning services for businesses (40%), individuals (50%), and trusts/other (10%). The practice has cultivated a desirable, premium client base which should offer opportunities for expansion of services and continued growth through referrals.   It is an exceptional opportunity, ideal for another established firm with capacity to expand or for two experienced accounting professionals ready for practice ownership together to produce cash flow of around 72% of gross to two owners.