Description:
This CPA practice for sale in Meridian, Idaho has annual gross revenues of approximately $300,000 and has seen robust growth over the years due to its ideal location and a well-deserved reputation for providing high-quality, professional, and friendly service. They have exceptional year-after-year client retention rates and receive consistent referrals from both their loyal, satisfied customers and other professionals in the area. The practice has a solid fee structure in place and generates strong cash flow to owner of more than 50% of gross. Revenues are generated from a nice mix of services to provided year round income, about 35% from bookkeeping & payroll (mostly billed monthly) and 65% from tax preparation and related services. Also, the quality client base, including many businesses, should offer plenty of opportunities for further expansion of services. With an experienced, knowledgeable staff in place, this turn-key practice would be the perfect size and opportunity for any CPA ready to jump into practice ownership. It could also make an easy and profitable addition to another established practice in the area.