Annapolis, MD CPA Practice for Sale
 SOLD
Listing #: MD1058
Location:
Type:
Annual Revenue: $125,000
 Asking Price: $160,000
Presented by:
The Holmes Group
Toll-Free: 800-397-0249
Description:
This CPA Tax & Accounting practice for sale in Annapolis, MD with revenues to be sold of approximately $125,000 is back on the market and now being offered at a reduced price in hopes of completing a sale before the end of the year, which if closing before tax season will give a quick return on a buyer's investment..   Revenues are mostly from tax work (90%), but there is some accounting services (10%) to help boost year-round income.   The practice enjoys a quality 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.   There is a good fee structure in place, and with minimal overhead expenses, the firm generates strong cash flow to owner around 75% of gross. Although there are no employees transferring with the sale, the owner is available to assist with transition if desired.   This is a perfect opportunity for an experienced accountant ready to jump into practice ownership with an established book of business or an easy and profitable addition for an established practice looking to expand.
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