SOLD
Southwest Hartford County, Connecticut CPA Practice for Sale
Listing #
CT1037
Location
Connecticut
Annual Revenue
$125,000
Asking Price
$145,000
Type
CPA TAX BOOKKEEPING
Presented by:
Lori Newcomer, CPA
Toll Free: 888-553-1040 x 2
Description:
• This CPA practice for sale in Southwest Hartford County enjoys a loyal following, as evidenced by its stellar client retention rate • Client mix: 21% individuals filing Schedule C, 38% other individuals, and 41% business entities representing a broad range of industries • 2021 gross revenues are estimated to be approximately $125,000 • The practice is highly profitable due it is solid fee structure (average 1040 and business return fees are approximately $615 and $2,670, respectively) • Net cash flow to owner is quite strong at more than 80% of gross revenue • This would make for the perfect starter practice or an easily integrated addition to an existing firm • The owner will assist in transitioning clients to the buyer • If desired, the location is assumable with landlord approval
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