Towson/Baltimore County, MD CPA Tax Practice
Listing #: MD5091
Annual Revenue: $230,000
Asking Price: $275,000
|The Holmes Group
This well-established CPA Tax Practice for sale in Towson/Baltimore County, MD has annual gross revenues of approximately $230,000. The practice services a high-quality, loyal tax client base that should continue to provide referrals and opportunities for expanding services. There is a strong fee structure in place, and with minimal overhead expenses, the firm generates strong cash flow to owner of over 70% of gross. Revenue consists primarily of highly profitable tax services with about 50% of the total income derived from business clients, which is sure to be an ongoing source of business and continued growth. This fully virtual CPA firm caters to a quality client base who are serviced remotely giving a buyer flexibility regarding location, although most clients in Maryland, so a Maryland based practitioner is a preference. The practice is the perfect size for any experienced CPA starting a practice and since the operation is 100% virtual and not tied to a location, we believe this book of business would also make an easy, highly profitable addition for any established firm in the area.
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