Description:
CPA partnership practice on rapidly growing I-35 Corridor. Consistent year over year revenues. 86% Tax Preparation (58% Individual; 28% Business; 14% Other); 10% audits; 4% Compilation & Reviews. Cash flow to owner before potentially duplicate expenses is a solid 59% of gross revenue. Practice utilizes Lacerte and QuickbooksTwo full-time employees EA and admin assistant; One part-time employee tax prep. Office space can likely be assumed by buyer and includes room for expansion of staff. Founding partner is willing to stay involved post-sale on a reduced hours basis to help solidify client retention.