Birmingham, Alabama Suburb CPA Practice for Sale
 New
Listing #: AL5309
Location:
Type: CPA TAX BOOKKEEPING PAYROLL
Annual Revenue: $472,000
 Asking Price: $515,000
Presented by:
Lori Newcomer, CPA
Toll Free: 888-553-1040 x 2
Description:

• Accounting and tax (CPA) practice for sale in a trendy suburb of Birmingham, Alabama (Jefferson County)

• Revenue is desirably blended to include accounting services (approximately 43%); tax preparation for individuals (34%) and business / other entities (21%); and other professional services (2%)

• The high proportion of monthly accounting provides year-round revenue and cash flow, making this a great practice to acquire anytime of the time

• Prior year gross revenues were $448,000, and 2024 gross revenues are estimated to grow by 5% to $472,000

• Cash flow is strong at 53% of gross revenue ($237,000 in 2023 and $250,000 estimated in 2024)

• Tax software in use includes Drake

• Experienced staff is in place

• The owner is open to working part-time for Buyer after closing, which should optimize client retention

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