North Dallas (Farmers Branch), TX CPA Practice for Sale
Status
Listing #
State
Location
Annual Revenue
Asking Price
Type
SOLD
TXN1475
North Dallas (Farmers Branch), TX CPA Practice for Sale
$562,000
$700,000
Presented by: |
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The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This reputable CPA practice for sale in North Dallas (Farmers Branch) has annual gross revenue of approximately $562,000. Â The firm caters to loyal, high-quality business clients, which generate year-round income and should offer opportunities for expansion of services. In fact, more than 50% of the income is derived from fixed fee monthly bookkeeping and reporting services and nearly 80% of the income is from the combined tax and accounting services for businesses. The practice has a solid fee structure and cost-minimizing infrastructure in place, including paperless systems and auto draft for monthly accounts, to produce excellent cash flow to owner of more than 60% of gross. There is an experienced staff in place, which should be an asset in transition and provide capacity for growth. Â The owner is also willing to work with/consult with the buyer after closing to assist in transition and to facilitate the continued growth of the firm.
This reputable CPA practice for sale in North Dallas (Farmers Branch) has annual gross revenue of approximately $562,000. Â The firm caters to loyal, high-quality business clients, which generate year-round income and should offer opportunities for expansion of services. In fact, more than 50% of the income is derived from fixed fee monthly bookkeeping and reporting services and nearly 80% of the income is from the combined tax and accounting services for businesses. The practice has a solid fee structure and cost-minimizing infrastructure in place, including paperless systems and auto draft for monthly accounts, to produce excellent cash flow to owner of more than 60% of gross. There is an experienced staff in place, which should be an asset in transition and provide capacity for growth. Â The owner is also willing to work with/consult with the buyer after closing to assist in transition and to facilitate the continued growth of the firm.