SOLD
Owings Mills, MD CPA Practice for Sale
Listing #
MD1070
Location
Maryland
Annual Revenue
$543,000
Asking Price
$650,000
Type
CPA TAX BOOKKEEPING PAYROLL Other
Presented by: |
The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This CPA Practice for sale in Owings Mills, MD has annual gross revenues of $543,000. This well-established practice is known for providing high-quality, professional services. There is a long-standing, loyal client base that includes a good amount of business clients, which should offer plenty of opportunities for expansion of services and continued growth through referrals. Revenues are nicely balanced between accounting services (21%), tax work (79%), and the remainder in consulting services to provide year-round income. A strong fee structure generates strong cash flow to owner around 55% of gross. This is an ideal opportunity for an experienced accountant ready to step into a profitable practice with an established book of quality clients and an experienced staff in place to assist in a smooth transition and future growth potential. The seller is also available to stay on with the new owner, in a part-time capacity, for a few years to ensure maximum retention if desired.
This CPA Practice for sale in Owings Mills, MD has annual gross revenues of $543,000. This well-established practice is known for providing high-quality, professional services. There is a long-standing, loyal client base that includes a good amount of business clients, which should offer plenty of opportunities for expansion of services and continued growth through referrals. Revenues are nicely balanced between accounting services (21%), tax work (79%), and the remainder in consulting services to provide year-round income. A strong fee structure generates strong cash flow to owner around 55% of gross. This is an ideal opportunity for an experienced accountant ready to step into a profitable practice with an established book of quality clients and an experienced staff in place to assist in a smooth transition and future growth potential. The seller is also available to stay on with the new owner, in a part-time capacity, for a few years to ensure maximum retention if desired.
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