Mid-Coast Maine / Penobscot Bay Region CPA Practice for Sale
SOLD
Listing #: ME1035
Location: Maine
Type: CPA TAX Other
Annual Revenue: $1,090,000
Asking Price: $1,100,000
Presented by: |
Lori Newcomer, CPA |
Toll Free: 888-553-1040 x 2 |
Description:
• Quality CPA practice for sale in the Penobscot Bay region of Mid-Coast Maine, which includes the communities of Rockland, Rockport, Camden, and Lincolnville
• Revenue mix: Tax preparation for individuals (52%) and business / other entities (35%), and other revenue (13%)
• The practice has experienced steady growth, and prior year gross revenues were approximately $1,090,000
• Solid fee structure, with average return fees of about $585 for individuals and $1,190 for business clientele
• The firm enjoys a stellar client retention rate and is poised for additional growth, as the owner is currently turning away work
• Seasoned staff is in place
• The owner will assist with the transition, including working for the buyer after closing if desired
• Revenue mix: Tax preparation for individuals (52%) and business / other entities (35%), and other revenue (13%)
• The practice has experienced steady growth, and prior year gross revenues were approximately $1,090,000
• Solid fee structure, with average return fees of about $585 for individuals and $1,190 for business clientele
• The firm enjoys a stellar client retention rate and is poised for additional growth, as the owner is currently turning away work
• Seasoned staff is in place
• The owner will assist with the transition, including working for the buyer after closing if desired
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