Description:
This growing and profitable CPA Practice for sale is located in Southern Middlesex County, NJ and has annual gross revenues of approximately $1,075,000. It serves a loyal client base, including a good number of businesses as well as loyal individuals, which should continue to generate referrals and opportunities for expanding services. Revenues are nicely balanced to provide steady, year round cash flow and are comprised of 56% tax, 22% payroll, 11% accounting/bookkeeping work and the remaining 11% is miscellaneous consulting services. In fact, about 80% of the total revenue is derived from businesses. The practice has a solid fee structure in place and with minimal overhead expenses is highly profitable generating excellent cash flow to owner of about 80% of gross. Clients have been trained to pay timely via ACH or credit card. This turn-key practice, complete with a tenured, knowledgeable staff, would be an exceptional opportunity for an experienced CPA ready to jump into practice ownership.