Ellicott City, MD CPA Practice for Sale
 SOLD
Listing #: MD1055
Location:
Type:
Annual Revenue: $295,000
 Asking Price: $380,000
Presented by:
The Holmes Group
Toll-Free: 800-397-0249
Description:
This CPA Tax & Accounting practice for sale in Ellicott City, MD has annual gross revenues of approximately $295,000.  This well-established, top-rated practice enjoys a very loyal client base consisting of a good number of business and individual clients, which should offer plenty of opportunities for expansion of services and continued growth through referrals.  There is a healthy mix of tax (87%) and bookkeeping work (13%) providing some year-round revenues.  The revenue mix combined with the prime location offers a new owner excellent potential and a prime book of business.  There is a strong fee structure in place, and with minimal overhead expenses, the firm generates excellent cash flow to owner over 65% of gross.  Although there are no employees, the owner is available to assist and would even prefer an extended transition on a part-time basis during tax seasons if a buyer desires.  This is the perfect-sized opportunity for an experienced accountant ready for practice ownership or an easy, profitable addition for another established firm.
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