Austin, Texas Accounting Practice for Sale
SOLD
Listing #: TXC1043
Location:
Type:
Annual Revenue: $244,000
Asking Price:
Presented by: |
Kevin J. Overberg, CPA/PFS |
Office: 720-988-4334 |
Description:
This well-established, stable Southwest Austin CPA practice is the ideal starter firm, satellite office or add-on practice  for the not-quite-ready-to-retire CPA relocating to the area. Services provided are predominately for income tax preparation which account for approximately 80 percent of annual revenues. The remaining 20 percent is derived from monthly accounting services provided to 13 businesses and professionals who have been clients for several years. Organic growth potential is very good for someone willing to take on new clients something that hasn't occurred for the past several years despite continued requests. Nicely appointed owner occupied offices are available for lease or purchase. Very low overhead contributes to owners' cash flow approximating 72. 5 percent.
This well-established, stable Southwest Austin CPA practice is the ideal starter firm, satellite office or add-on practice  for the not-quite-ready-to-retire CPA relocating to the area. Services provided are predominately for income tax preparation which account for approximately 80 percent of annual revenues. The remaining 20 percent is derived from monthly accounting services provided to 13 businesses and professionals who have been clients for several years. Organic growth potential is very good for someone willing to take on new clients something that hasn't occurred for the past several years despite continued requests. Nicely appointed owner occupied offices are available for lease or purchase. Very low overhead contributes to owners' cash flow approximating 72. 5 percent.
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