SOLD
Lake Ray Hubbard Area CPA Practice for Sale
Listing #
TXN1292
Location
Annual Revenue
$574,000
Asking Price
$700,000
Type
Presented by: |
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The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This well established CPA practice for sale in the Lake Ray Hubbard Area of North Texas has annual gross revenues of approximately $574,000. Â It is a profitable practice with a solid fee structure that produces strong cash flow to owner of about 50% of gross. Â More than 90% of the firm's revenues are generated from income tax services for both individuals and businesses. Â They also provide bookkeeping and payroll reporting services for a few clients as well as some tax planning and a couple of reviews. Â The firm has a quality client base composed predominately of businesses and business owners, which should provide plenty of opportunities for expansion of accounting and other services. Â Located in a desirable area with an experienced staff in place, this turn-key opportunity would be perfect for anyone looking to jump into practice ownership just in time for tax season and the strongest cash flow of the year.
This well established CPA practice for sale in the Lake Ray Hubbard Area of North Texas has annual gross revenues of approximately $574,000. Â It is a profitable practice with a solid fee structure that produces strong cash flow to owner of about 50% of gross. Â More than 90% of the firm's revenues are generated from income tax services for both individuals and businesses. Â They also provide bookkeeping and payroll reporting services for a few clients as well as some tax planning and a couple of reviews. Â The firm has a quality client base composed predominately of businesses and business owners, which should provide plenty of opportunities for expansion of accounting and other services. Â Located in a desirable area with an experienced staff in place, this turn-key opportunity would be perfect for anyone looking to jump into practice ownership just in time for tax season and the strongest cash flow of the year.
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