Collin County CPA Practice for Sale
SOLD
Listing #: TXN1278
Location:
Type:
Annual Revenue: $1,650,000
Asking Price: $2,150,000
Presented by: |
The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This well-established CPA practice in Collin County, TX produces annual gross revenues of approximately $1,650,000. Â The firm has a loyal client base and an excellent reputation for providing the highest level of service and quality work product. Â It is a uniquely profitable firm for its size with an exceptionally strong fee structure and a near perfect realization rate, yielding cash flow to the owners of 74% of gross! Â The revenue mix, which consists of 64% audit services, 31% tax preparation and 5% bookkeeping and other services, provides steady income outside of tax season. Â Also, though the owners have not actively pursued write-up work, the firm serves a large number of business clients that should provide plenty of opportunity for a buyer who wishes to expand this portion of the business. Â Located in one of the most desirable communities in the DFW area, with a knowledgeable staff already in place, this turn-key practice is truly a one of a kind, first-rate opportunity.
This well-established CPA practice in Collin County, TX produces annual gross revenues of approximately $1,650,000. Â The firm has a loyal client base and an excellent reputation for providing the highest level of service and quality work product. Â It is a uniquely profitable firm for its size with an exceptionally strong fee structure and a near perfect realization rate, yielding cash flow to the owners of 74% of gross! Â The revenue mix, which consists of 64% audit services, 31% tax preparation and 5% bookkeeping and other services, provides steady income outside of tax season. Â Also, though the owners have not actively pursued write-up work, the firm serves a large number of business clients that should provide plenty of opportunity for a buyer who wishes to expand this portion of the business. Â Located in one of the most desirable communities in the DFW area, with a knowledgeable staff already in place, this turn-key practice is truly a one of a kind, first-rate opportunity.
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