SOLD
Nashville, Tennessee CPA Practice for Sale
Listing #
TN5246
Location
Tennessee
Annual Revenue
$744,000
Asking Price
$795,000
Type
CPA TAX EA BOOKKEEPING
Presented by:
Lori Newcomer, CPA
Toll Free: 888-553-1040 x 2
Description:

• Accounting and tax (CPA) practice for sale in Southeast Metro Nashville, near Brentwood, Tennessee

• Revenue is nicely balanced to include monthly accounting (approximately 73%); tax preparation for individuals (12%) and business / other entities (8%); and other professional services (7%)

• 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 $744,000, and 2024 gross revenues are estimated to grow to $850,000

• Cash flow is strong at 56% of gross revenue ($424,000 in 2023 and $480,000 estimated in 2024)

• 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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