Description:
This well-established CPA Practice for sale in Santa Fe, NM, with annual gross revenues of approximately $161,000, provides high-quality tax, bookkeeping, and payroll services to a loyal client base of individuals and businesses. Revenues are nicely mixed between services to provide year-round income, with about 65% derived from tax preparation and 35% from accounting services. There is a strong fee structure in place, and with minimal overhead expenses, the firm generates strong cash flow to owner above 70% of gross. Beginning in 2020, the seller moved to an all-electronic service method (DocuSign, email, etc.), which offers a buyer the flexibility to work from any New Mexico based location. This is the perfect-sized opportunity for an experienced accountant ready for practice ownership or an easy, profitable addition for an established firm that has the capacity to expand.