Coastal Rhode Island / Washington County CPA Practice for Sale
 Available
Listing #: RI1012
Location: Rhode Island
Type: CPA TAX BOOKKEEPING PAYROLL
Annual Revenue: $365,000
 Asking Price: $250,000
Presented by:
Lori Newcomer, CPA
Toll Free: 888-553-1040 x 2
Description:
• CPA practice for sale in a charming community in the coastal area of Rhode Island (Washington County)
• Revenue mix: Accounting services (51%) and tax preparation for individuals (28%) and business / other entities (21%)
• Client mix: More than 70% of revenues are derived from business clientele across a broad range of industries
• Prior year gross revenues were $365,000, and the owner estimates the same for the current year
• Experienced staff is in place
• If desired, location is assumable with landlord approval
• The firm has experienced steady growth and is poised for additional growth, as the owner has been turning away new business
• The owner will assist in transitioning clients to the buyer
• With half of revenues derived from monthly accounting services, this would be a great practice to acquire any time of the year
• Priced well below one times gross revenue to facilitate a quick sale
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