Description:
This well-established CPA Practice for sale in Montgomery County, MD (North of DC) with annual gross revenues to be sold of approximately $110,000. The practice focuses primarily on audit/review services for non-profit organizations and the taxes related to them (71%), but also has traditional work of individual income tax preparation/planning with a few business returns (27%), as well as a small amount of quarterly accounting services (2%). The fee structure has been very profitable for the owner, and with minimal overhead expenses, the firm generates strong cash flow of around 90% of gross. Although there are no employees, the owner is available to assist with transition if desired. This is the perfect-sized opportunity for an individual CPA ready for practice ownership or an easy, profitable addition for another established firm in the area.