Toms River Area, NJ CPA Practice for Sale
Sale Pending
Listing #: NJ5192
Location: New Jersey
Type: CPA
Annual Revenue: $291,000
Asking Price: $350,000
Presented by: |
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The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This well-established, yet growing practice is located in the Toms River Area, NJ and has annual gross revenues of approximately $291,000. The practice has been providing a range of premier tax and accounting services to a loyal client base of small businesses and individuals in the community for over 35 years. Revenues are nicely balanced between services with about 80% derived from profitable tax work and 20% accounting and other miscellaneous services that provide additional year-round income. The diverse client base should also provide an opportunity for expanding these and other value-added services. With a solid fee structure in place and quality clients, the firm generates strong cash flow to owner near 60% of gross income.
This turnkey practice is the ideal size for an individual ready to step into practice ownership or another firm seeking expansion in a growing area. There are also supporting staff members in place to aid with the transition and provide capacity for growth.
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