Presented by: |
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Lori Newcomer, CPA |
Toll Free: 888-553-1040 x 2 |
• Quality accounting and tax (CPA) practice for sale in a western Portland, Maine suburb
• Revenue is comprised of accounting (approximately 15%), tax services for individuals (57%) and business / other entities (27%), and other professional services (1%)
• 2025 gross revenues are estimated to grow to approximately $146,000, and cash flow is strong at 73% of gross revenue ($105,000+ in 2025)
• Solid fee structure, with average return fees of about $555 for individuals and $1,800 for business entities
• Software in use includes ProSeries
• The practice enjoys a stellar client retention rate
• The practice has capacity for growth, as the owner works only about 1,100 hours per year
• Location is assumable if desired, with landlord approval
• This would make for the perfect starter practice
• The owner will assist in transitioning clients to the buyer
• Please note that Buyer must be a CPA or an Enrolled Agent