Cedar Rapids Area CPA Practice
 SOLD
Listing #: IA1125
Location: Iowa
Type: CPA TAX BOOKKEEPING
Annual Revenue: $614,000
 Asking Price: $550,000
Presented by:
The Holmes Group
Toll-Free: 800-397-0249
Description:
This well-established CPA Tax & Accounting Practice for sale in the Cedar Rapids Area has annual gross revenues of approximately $614,000. The practice is exceptionally profitable, generating a cash flow to the owner in excess of 50% of gross.  Although revenues are a little high in tax work and tax planning (72%), There are still a solid group of business accounts providing miscellaneous accounting, payroll, special projects, and associated tax work to provide year-round income. There is experienced staff in place and the seller is also willing to stay on with a new buyer at a reduced capacity in order to facilitate a smooth transition. This is an ideal opportunity for a seasoned CPA ready to step into a profitable practice primed for continued growth.
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