Salem, MA CPA Practice for Sale
SOLD
Listing #: MA1083
Location: Massachusetts
Type: CPA
Annual Revenue: $205,000
Asking Price: $255,000
Presented by: |
The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This CPA Practice for Sale in Salem, MA has gross revenues to be sold of approximately $205,000 that are nicely balanced between tax work (77%) and accounting/bookkeeping services (23%) to provide year-round income. There is a solid fee structure in place generating good cash flow to owner near 60% of gross. The well-established, quality client base should offer plenty of opportunities for expansion of services and continued growth through referrals. There is staff in place and the seller is available to assist with a smooth transition. Further, the seller would be available for 5-15 hours (except over the summer), on an employee basis for a couple of years post sale should the buyer have need. This is an ideal opportunity for an experienced accountant looking to jump into practice ownership or a profitable addition to an established practice in the area with the employee capacity to expand. This is truly a turn-key operation in a wonderful community to live and work.
This CPA Practice for Sale in Salem, MA has gross revenues to be sold of approximately $205,000 that are nicely balanced between tax work (77%) and accounting/bookkeeping services (23%) to provide year-round income. There is a solid fee structure in place generating good cash flow to owner near 60% of gross. The well-established, quality client base should offer plenty of opportunities for expansion of services and continued growth through referrals. There is staff in place and the seller is available to assist with a smooth transition. Further, the seller would be available for 5-15 hours (except over the summer), on an employee basis for a couple of years post sale should the buyer have need. This is an ideal opportunity for an experienced accountant looking to jump into practice ownership or a profitable addition to an established practice in the area with the employee capacity to expand. This is truly a turn-key operation in a wonderful community to live and work.
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