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Gulf Shores, AL Accounting & Tax Practice for Sale
SOLD
Listing #: AL1044
Location:
Type:
Annual Revenue: $127,000
Asking Price: $130,000
| Presented by: |
 |
| Lori Newcomer, CPA |
| Toll Free: 888-553-1040 x 2 |
Description:
This CPA practice has grown steadily in recent years. Stellar retention rate. Estimated gross revenue and cash flow are $130,000 and $95,000, respectively. Year-round revenue pattern makes this a great practice to acquire any time of the year. Collections by quarter: Q1 27%; Q2 29%; Q3 25%; Q4 19%. Outstanding cash flow (83% of gross). Located in the desirable Alabama Gulf Coast area of Baldwin County. The owner is willing to assist with the transition, including working for the buyer next tax season, which should facilitate client retention.
This CPA practice has grown steadily in recent years. Stellar retention rate. Estimated gross revenue and cash flow are $130,000 and $95,000, respectively. Year-round revenue pattern makes this a great practice to acquire any time of the year. Collections by quarter: Q1 27%; Q2 29%; Q3 25%; Q4 19%. Outstanding cash flow (83% of gross). Located in the desirable Alabama Gulf Coast area of Baldwin County. The owner is willing to assist with the transition, including working for the buyer next tax season, which should facilitate client retention.
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