SOLD
North Dallas, TX CPA Practice for Sale
Listing #
TXN1496
Location
Annual Revenue
$703,000
Asking Price
$780,000
Type
Presented by: |
The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
This well-established, reputable practice for sale is centrally located in North Dallas and produces annual gross revenue of approximately $703,000. Â The practice has experienced steady growth since inception and caters to a high-quality client base composed predominately of small to medium size businesses and loyal individuals, which should offer plenty of opportunities for expansion of services. Â Approximately 80% of the total revenue is derived from businesses and the overall income is nicely mixed between tax work (51%), audit and reviews (28%), accounting services (12%) and consulting (8%) to generate steady, year-round income. Â There is a very strong fee structure in place that yields solid cash flow to owner. Â This turn-key opportunity would be the perfect size for an experienced CPA ready to transition into practice ownership. Â There are also knowledgeable staff members willing to assist in transition and the seller is also flexible and willing to work with a buyer after the closing to facilitate the smoothest transition. Â It could also be ideal for another established firm looking to expand in this desirable market area.
This well-established, reputable practice for sale is centrally located in North Dallas and produces annual gross revenue of approximately $703,000. Â The practice has experienced steady growth since inception and caters to a high-quality client base composed predominately of small to medium size businesses and loyal individuals, which should offer plenty of opportunities for expansion of services. Â Approximately 80% of the total revenue is derived from businesses and the overall income is nicely mixed between tax work (51%), audit and reviews (28%), accounting services (12%) and consulting (8%) to generate steady, year-round income. Â There is a very strong fee structure in place that yields solid cash flow to owner. Â This turn-key opportunity would be the perfect size for an experienced CPA ready to transition into practice ownership. Â There are also knowledgeable staff members willing to assist in transition and the seller is also flexible and willing to work with a buyer after the closing to facilitate the smoothest transition. Â It could also be ideal for another established firm looking to expand in this desirable market area.
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