Santa Fe, New Mexico CPA Practice for Sale
SOLD
Listing #: NM1070
Location:
Type:
Annual Revenue: $109,000
Asking Price: $119,000
Presented by: |
The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This quality CPA Practice for sale is located in the desirable community of Santa Fe, New Mexico and has annual gross revenues of approximately $109,000. Â The practice enjoys a solid reputation for providing professional, accurate, and timely services to their clients. The well-established, quality client base should offer plenty of opportunities for expansion of services and continued growth through referrals. Revenues are comprised mostly of tax work (87%) with the balance consisting of monthly accounting services (10%) and miscellaneous services (3%) that provides for year-round income. There is a strong fee structure in place, and with minimal overhead expenses, the firm generates solid cash flow to owner in excess of 60% of gross. With no lease obligation to consider, this is a flexible, ideal opportunity for an existing firm in the area looking to expand and add a profitable book of business or an individual CPA ready to transition into practice ownership.
This quality CPA Practice for sale is located in the desirable community of Santa Fe, New Mexico and has annual gross revenues of approximately $109,000. Â The practice enjoys a solid reputation for providing professional, accurate, and timely services to their clients. The well-established, quality client base should offer plenty of opportunities for expansion of services and continued growth through referrals. Revenues are comprised mostly of tax work (87%) with the balance consisting of monthly accounting services (10%) and miscellaneous services (3%) that provides for year-round income. There is a strong fee structure in place, and with minimal overhead expenses, the firm generates solid cash flow to owner in excess of 60% of gross. With no lease obligation to consider, this is a flexible, ideal opportunity for an existing firm in the area looking to expand and add a profitable book of business or an individual CPA ready to transition into practice ownership.
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