Biloxi / Ocean Springs, Mississippi Area CPA Practice for Sale
Status
Listing #
State
Location
Annual Revenue
Asking Price
Type
SOLD
MS1034
MS
Biloxi / Ocean Springs, Mississippi Area CPA Practice for Sale
$200,000
$220,000
Presented by: |
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Lori Newcomer, CPA |
Toll Free: 888-553-1040 x 2 |
Description:
• Tax and accounting (CPA) practice for sale in the desirable Biloxi / Ocean Springs area of the Mississippi gulf coast • Revenue mix: Accounting and payroll (approximately 12%); Tax preparation for individuals (33%) and business clientele (49%); and other tax services (6%) • Current year gross revenues are estimated to be approximately $200,000 • Net cash flow to owner is unusually strong at approximately 85% of gross revenue • The practice enjoys a stellar client retention rate and well-established relationships, as well as an excellent reputation in the business community • Location is assumable, if desired, with landlord approval • The owner will assist in transitioning clients to the buyer
• Tax and accounting (CPA) practice for sale in the desirable Biloxi / Ocean Springs area of the Mississippi gulf coast • Revenue mix: Accounting and payroll (approximately 12%); Tax preparation for individuals (33%) and business clientele (49%); and other tax services (6%) • Current year gross revenues are estimated to be approximately $200,000 • Net cash flow to owner is unusually strong at approximately 85% of gross revenue • The practice enjoys a stellar client retention rate and well-established relationships, as well as an excellent reputation in the business community • Location is assumable, if desired, with landlord approval • The owner will assist in transitioning clients to the buyer