South Coast, MA CPA Practice for Sale
 SOLD
Listing #: MA1120
Location: Massachusetts
Type: CPA
Annual Revenue: $634,000
 Asking Price: $780,000
Presented by:
The Holmes Group
Toll-Free: 800-397-0249
Description:
This reputable CPA practice for sale is located in the South Coast, MA Area and has annual gross revenues of approximately $634,000. This practice caters to a very high-quality client base that consists primarily of desirable business clients, which should present an excellent opportunity for an expansion of services if desired.  Revenues are nicely mixed between services to generate reliable, year-round income. Recurring revenue includes 50% tax and 42% monthly/quarterly accounting. In total, services for businesses and their owners comprise more than 90% of the gross income. There is a robust fee structure in place and the firm yields strong cash flow to the owner of more than 50% of gross income. Additionally, it has grown significantly and consistently in recent years and is poised to continue to do so going forward if run in a similar fashion. 
Located in a desirable suburb in Bristol County, this is an ideal, turn-key opportunity for an experienced CPA looking to step into a growing practice primed for expansion. It would also make a profitable addition for an existing firm looking to expand in this desirable area. The owner is flexible and willing to work with the buyer through an extended transition period, which should help to facilitate a smooth transition and provide capacity for growth.
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