Montgomery Couny (North of DC) CPA Practice for Sale
Status
Listing #
State
Location
Annual Revenue
Asking Price
Type
SOLD
MD1071
MD
Montgomery Couny (North of DC) CPA Practice for Sale
$110,000
$155,000
Presented by: |
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The Holmes Group |
Toll-Free: 800-397-0249 |
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.
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.