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Suburban Hartford, CT CPA Practice For Sale
SOLD
Listing #: CT1015
Location:
Type:
Annual Revenue: $203,000
Asking Price: $235,000
| Presented by: |
 |
| Lori Newcomer, CPA |
| Toll Free: 888-553-1040 x 2 |
Description:
Exceptionally strong cash flow, well above average at 81% . Excellent historical retention rate of approximately 98% in recent years. Solid fee structure . Revenue mix: Tax (approximately 89%), Accounting (5%), and Payroll reporting (6%). Collections by quarter: Q1 36%, Q2 42%; Q3 10%; Q4 12%. Located near a highway with easy access and ample parking. Transition assistance available. Priced well below 2 times cash flow!
Exceptionally strong cash flow, well above average at 81% . Excellent historical retention rate of approximately 98% in recent years. Solid fee structure . Revenue mix: Tax (approximately 89%), Accounting (5%), and Payroll reporting (6%). Collections by quarter: Q1 36%, Q2 42%; Q3 10%; Q4 12%. Located near a highway with easy access and ample parking. Transition assistance available. Priced well below 2 times cash flow!
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