Description:
This well-established CPA practice is located in Irving, TX and is selling a group of desirable business accounting clients that generate gross revenue of approximately $155,000. The clients included in this sale are all DFW area businesses and business owners, and approximately two-thirds of the revenues are from bookkeeping and payroll services, yielding steady, year-round income. The remainder of the revenues is derived from tax preparation for the accounting clients, the owners, and some related business entities. _x000D_ The practice has a strong fee structure and should generate cash flow to owner of about 70% of gross or more. Many of the clients deliver work electronically or could be transitioned to this method to allow buyer flexibility as to the location of the practice within the Metroplex. The loyal clients have been an excellent source of referrals and should be an easy profitable addition for any accountant ready to rapidly expand a new or existing practice in this area.