Description:
This well-established Tax & Accounting Practice for sale is in Essex/Middlesex County Area and has annual gross revenues of approximately $510,000. The practice caters to a high-quality client base of 400 individuals and over 60 business clients clients mostly in the Middlesex and Essex County areas of Mass and provides a variety of monthly accounting work and tax services, which provides for good year-round income. There is a solid fee structure in place generating strong cash flow to owner near 50% of gross. There are currently two office locations, but one is a home office, so a buyer will have the opportunity to combine into main office or their own nearby location, thereby eliminating or combining quite a few expenses and boosting the bottom line. Additionally, the office is closed on Fridays over the summer, and with an experienced staff in place, the seller is generally away from the office 8-10 weeks a year, so there is room for additional growth. This is the ideal sized opportunity for an individual ready to step into a profitable practice with an established book of quality clients and an experienced staff in place to assist in a smooth transition and future growth potential. It would also make for a profitable addition to an established firm looking to expand.