Description:
Combination accounting and tax practice and legal practice, focusing primarily on general business law, estate planning, financial planning, and tax preparation for individuals and businesses. The firm enjoys a sterling reputation in the community and outstanding client retention rate. The firm generates revenue and cash flow fairly evenly throughout the year, making this a great practice to acquire anytime of the year. The practice is located in a charming and picturesque coastal area, offering a nice quality of life. Current year estimated gross revenues are $375,000, and revenues have grown steadily. Cash flow is excellent at approximately 70% of gross revenues. The owner prefers to work for buyer after closing, which should ensure a seamless transition and optimal client retention. Buyer must either be: 1) a CPA and an attorney, or 2) a CPA with an attorney colleague that he/she can partner with.