Down East, Maine (Washington County) CPA Practice for Sale
Available
Listing #: ME1037
Location: Maine
Type: CPA TAX BOOKKEEPING
Annual Revenue: $125,000
Asking Price: $115,000
Presented by: |
Lori Newcomer, CPA |
Toll Free: 888-553-1040 x 2 |
Description:
• CPA practice for sale in Washington County, Maine, in a Down East community near the coast
• This practice includes accounting (approximately 16%), tax services for individuals (59%) and business / other entities (24%), and other revenues (1%)
• 2024 estimated gross revenues are approximately $125,000, and cash flow is strong at about 55% of gross revenue
• Software in use includes Drake and Quickbooks
• Location is assumable, if desired
• The office is almost entirely paperless, and the owner does relatively few tax interviews
• The owner will assist in transitioning clients to Buyer and is open to working for Buyer after closing in some capacity, which should ensure a seamless transition and optimize client retention
• Please note that Buyer must be a CPA
• This practice includes accounting (approximately 16%), tax services for individuals (59%) and business / other entities (24%), and other revenues (1%)
• 2024 estimated gross revenues are approximately $125,000, and cash flow is strong at about 55% of gross revenue
• Software in use includes Drake and Quickbooks
• Location is assumable, if desired
• The office is almost entirely paperless, and the owner does relatively few tax interviews
• The owner will assist in transitioning clients to Buyer and is open to working for Buyer after closing in some capacity, which should ensure a seamless transition and optimize client retention
• Please note that Buyer must be a CPA
• Asking price was recently reduced to below one times gross revenue to facilitate a sale in 2024
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