Description:
This well-established CPA Tax & Accounting Practice for sale in Southeast Passaic County has annual gross revenues of approximately $700,000. The practice caters to high-quality clientele, which includes a good number of businesses as well as loyal individuals and should provide ample opportunities for expansion of services and continued growth through referrals. Revenues are desirably mixed between services to generate steady, year-round income, including 60% tax preparation, 18% accounting services, 10% audit, and some payroll, estates, consulting. The practice is highly profitable, generating strong cash flow to owner of 60% of gross. The seller would also be willing to work for a new buyer to help with transition and continuity of services. It would be the perfect size and opportunity for an experienced CPA ready to step into a turn-key practice or a profitable addition for an existing firm seeking expansion.