Heart of Texas CPA Practice
SOLD
Listing #: TXC1078
Location: Texas
Type: CPA TAX AUDIT REVIEW BOOKKEEPING
Annual Revenue: $513,000
Asking Price:
Presented by: |
Kevin J. Overberg, CPA/PFS |
Office: 720-988-4334 |
Description:
- Single-owner CPA practice
- Steady revenue stream for several years
- 84% Tax Prep (75% Individual; 16% Business; 9% Other); 10% Bookkeeping; 6% Audits/ Reviews
- Cash flow to owner before potentially duplicate expenses is 43% of gross revenue
- Practice utilizes Accounting Power and Intuit Pro-Series
- 1 full-time staff accountant/CPA, and 1 PT tax para-professional and 1 PT administrative support
- Office space is owner-occupied; seller is open to leasing space to new practice owner
- Owner is looking forward to retirement after a long, successful career but is open to continuing employment if buyer so chooses
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