Description:
This CPA practice for sale on Oahu, Hawaii, in the Kapolei/Waipahu Area, has annual gross revenues of approximately $109,000. This thriving practice has a desirable mix of services to generate steady, year-round income, including 77% from accounting services and 23% from tax preparation. With a solid fee structure and minimal overhead expenses, the firm generates strong cash flow to owner of approximately 90% of gross. Although the seller intentionally kept the practice small enough to operate solo, making no advertising efforts and only accepting clients via word-of-mouth referral, a marketing-oriented buyer has a terrific opportunity to both take advantage of the population growth in this desirable area and to tap the existing client base for new referral business. This is an ideal opportunity for someone looking to jump into practice ownership with an established book of quality clients. It would also make for a nice-sized addition to an area practice with the capacity to expand.