Description:
This well-established CPA Practice for sale in Eastern Idaho has annual gross revenues of approximately $649,000. The practice has seen substantial growth year-after-year since inception, primarily through word-of-mouth referrals from highly satisfied clients. Revenues are nicely balanced between tax work (61%), accounting services (19%), and tax planning & resolution (17%) to provide year-round income. The quality client base, which includes many businesses, business owners, and high-net worth individuals, should lend itself to expansion of accounting services as well as the addition of investment advisory services, if desired. The practice has a strong fee structure and generates cash flow to owner of about 50% of gross income. There is also knowledgeable, capable staff in place, which should help ensure a smooth transition and provide capacity for growth. This firm would be the perfect opportunity for an experienced CPA looking to own a practice for the first time or would make a highly-profitable addition for another established firm.