New Haven, Connecticut Area CPA Book of Business for Sale
 Available
Listing #: CT5189
Location: Connecticut
Type: CPA TAX REVIEW BOOKKEEPING
Annual Revenue: $550,000
 Asking Price: $575,000
Presented by:
Lori Newcomer, CPA
Toll Free: 888-553-1040 x 2
Description:

• New Haven, Connecticut area CPA is selling a profitable book of business 

• Revenues are comprised of monthly accounting (approximately 3%); tax services for individuals (38%) and business / other entities (52%); and compilations and reviews (7%)
• Revenues have increased steadily, and current year gross revenues are estimated to grow to $550,000

• Cash flow is strong at approximately 55% of gross revenue
• Solid fee structure, with average return fees of about $605 for individuals and $3,900 for business entities

• Software in use includes UltraTax by Thomson Reuters

• The owner is flexible regarding transition assistance and is open to working for Buyer after closing, which should optimize client retention

• Please note that Buyer must be a CPA

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