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New London County, Connecticut CPA Practice
Listing #
CT6261
Location
Connecticut
Annual Revenue
$1,089,000
Asking Price
$1,200,000
Type
CPA TAX BOOKKEEPING PAYROLL
| Presented by: |
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| The A Team |
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Description:
Established CPA Practice with Strong Recurring Revenue
Practice highlights include:
• CPA-owned practice established in 1994
• 70% of clients meet with the seller and staff
• Software in use includes Lacerte and QuickBooks
• Approximately $442,000 in annual bookkeeping and payroll revenue from 67 recurring clients
• Approximately 501 individual tax returns with an average fee of $652 per return
• Approximately 131 business tax returns with an average fee of $2,080 per return
• Approximately 48 other tax returns with an average fee of $1,002 per return
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $378,000 (2025)
• Seller owns office building - can be sold to new owner. Office is a 2-story building in downtown.
• 70% of clients meet with the seller and staff
• Software in use includes Lacerte and QuickBooks
• Approximately $442,000 in annual bookkeeping and payroll revenue from 67 recurring clients
• Approximately 501 individual tax returns with an average fee of $652 per return
• Approximately 131 business tax returns with an average fee of $2,080 per return
• Approximately 48 other tax returns with an average fee of $1,002 per return
• Annual cash flow including owner's salary and benefits, personal vehicles, and any other non-operational expenses of the business: $378,000 (2025)
• Seller owns office building - can be sold to new owner. Office is a 2-story building in downtown.
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