Sturgis, SD CPA Practice for Sale
Status
Listing #
State
Location
Annual Revenue
Asking Price
Type
SOLD
SD1021
SD
Sturgis, SD CPA Practice for Sale
$482,000
$500,000
Presented by: |
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The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This CPA Tax & Bookkeeping Practice for sale in Sturgis, South Dakota has annual gross revenues of approximately $482,000 and growing. Revenues are nicely mixed between services to provide year-round cash flow, including 78% tax preparation and 22% accounting services. There is a loyal, multigenerational customer base that includes business owners, executives, and independent professionals. The South Dakota market is extremely strong and has barely been affected by the coronavirus. The sellers have recently turned away a few clients since they are at capacity with their current staff; therefore, we believe that a growth-oriented buyer could easily step in to grow the business further. With one of the partners open to staying on with the new owner long term and experienced staff in place, this is an ideal opportunity for an experienced accountant to step into a profitable practice primed for growth. It would also make for a turn-key addition to another established firm with the staffing capacity to expand their book of business.
This CPA Tax & Bookkeeping Practice for sale in Sturgis, South Dakota has annual gross revenues of approximately $482,000 and growing. Revenues are nicely mixed between services to provide year-round cash flow, including 78% tax preparation and 22% accounting services. There is a loyal, multigenerational customer base that includes business owners, executives, and independent professionals. The South Dakota market is extremely strong and has barely been affected by the coronavirus. The sellers have recently turned away a few clients since they are at capacity with their current staff; therefore, we believe that a growth-oriented buyer could easily step in to grow the business further. With one of the partners open to staying on with the new owner long term and experienced staff in place, this is an ideal opportunity for an experienced accountant to step into a profitable practice primed for growth. It would also make for a turn-key addition to another established firm with the staffing capacity to expand their book of business.