Description:
-Single office of CPA practice in the Greater San Antonio metro area -38% Tax Preparation (46% Individual; 42% Business; 12% Other); 20% Bookkeeping/Payroll; 31% Audits; 10% Consulting; 1% Compilation & Reviews -Cashflow to owner is 33% of gross revenue with strong potential for improvement -Practice utilizes QuickBooks, UltraTax, and CCH ProSystem fx Engagement -1 FT CPA (tax), 1 FT CPA (audit), 1 FT senior bookkeeping specialist, 1 FT assistant -Multi-suite building with various tenants. Lease is assumable and expires in 11/2023 -Owner is looking forward to retirement after a long, successful career -Owner anticipates assisting buyer through an appropriate transition period to maximize knowledge transfer and client retention