Fairfield, Connecticut CPA Practice for Sale
 New
Listing #: CT5350
Location: Connecticut
Type: CPA TAX REVIEW BOOKKEEPING
Annual Revenue: $885,000
 Asking Price: $995,000
Presented by:
Lori Newcomer, CPA
Toll Free: 888-553-1040 x 2
Description:

• Accounting and tax practice for sale in Fairfield, Connecticut

• Revenues are desirably blended to include accounting (approximately 29%), tax services for individuals (24%) and business / other entities (26%), and other professional services (21%)

• 2024 gross revenues are estimated to grow by 11% to approximately $885,000

• Cash flow is quite strong at 55% of gross revenue ($486,000 estimated for 2024)

• The firm enjoys a stellar fee structure, with average return fees of about $1,075 for individuals and $2,665 for business / other entities

• With about 75% of revenues derived from business clientele, the firm generates year-round revenue, making this a great practice to acquire any time of the year

• Software in use includes Ultratax by Thomson Reuters

• The owner will assist in transitioning clients to Buyer and is open to an extended transition period, which should ensure a seamless transition and optimal client retention

• Please note that Buyer must be a CPA

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