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Rankin County CPA Practice For Sale
SOLD
Listing #: MS1024
Location:
Type:
Annual Revenue: $90,000
Asking Price: $95,000
| Presented by: |
 |
| Lori Newcomer, CPA |
| Toll Free: 888-553-1040 x 2 |
Description:
Low owner time commitment (approximately 1,300 hours per year). Although the practice does offer 1040 preparation, about 75% of fees are derived from business clientele. Revenue are desirably blended to include Write-up (approximately 47%), Tax (43%), 1 Audit/1 Review (2%), and Other services (8%). Collections by quarter: Q1 28%, Q2 30%; Q3 20%; Q4 22%. Excellent historical retention rate. Assumable location with flexible leasing arrangements. Transition assistance available.
Low owner time commitment (approximately 1,300 hours per year). Although the practice does offer 1040 preparation, about 75% of fees are derived from business clientele. Revenue are desirably blended to include Write-up (approximately 47%), Tax (43%), 1 Audit/1 Review (2%), and Other services (8%). Collections by quarter: Q1 28%, Q2 30%; Q3 20%; Q4 22%. Excellent historical retention rate. Assumable location with flexible leasing arrangements. Transition assistance available.
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