Over the years the seller has been able to cultivate a practice that is a cut above the competition. The bulk of clients are business owners or higher-net-worth individuals that need more than just a personal return filed in the Spring. The seller has made a concerted effort to trim lower fee/more troublesome clients and to keep their billings rates at a desirably high level. Cashflow to the owner is excellent, especially for a practice this size, standing above 60% of gross income! Revenue streams are desirably varied, with 59% of gross being derived from higher end tax work, 23% from accounting/bookkeeping, and 19% from payroll & consulting. While they do not want to be working at the same level as they are now, the seller is highly desirous of working with the buyer in a longer-term capacity to ensure the smoothest transition possible and that the buyer is well acquainted with the processes that have made the practice successful. Add established staff members also willing to transition with new ownership on top of this, and you have an excellent opportunity for a sophisticated firm or experienced CPA to acquire a premium practice!