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Austin, TX Highly Profitable All-tax CPA Practice for Sale
SOLD
Listing #: TXC1070
Location:
Type:
Annual Revenue: $1,255,000
Asking Price:
| Presented by: |
 |
| Kevin J. Overberg, CPA/PFS |
| Office: 720-988-4334 |
Description:
Two partner, long-standing CPA practice . Demonstrated consistent growth for many years. 100% Tax Preparation 52% Individual; 32% Business; 16% Fiduciary & Other. More than 50% of revenue earned after April each year. Cash flow to owner before potentially duplicate expenses is an impressive 60% of gross revenue. Practice utilizes Lacerte. 3 full-time employees (2 CPAs; 1 Admin) supplemented by seasonal and part-time employees that aggregate to approx 1 add'l FTE. Owners are looking forward to retirement after long, successful careers; however, both willing to staying on with the new buyer.
Two partner, long-standing CPA practice . Demonstrated consistent growth for many years. 100% Tax Preparation 52% Individual; 32% Business; 16% Fiduciary & Other. More than 50% of revenue earned after April each year. Cash flow to owner before potentially duplicate expenses is an impressive 60% of gross revenue. Practice utilizes Lacerte. 3 full-time employees (2 CPAs; 1 Admin) supplemented by seasonal and part-time employees that aggregate to approx 1 add'l FTE. Owners are looking forward to retirement after long, successful careers; however, both willing to staying on with the new buyer.
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