Description:
This reputable CPA practice is located in a prime and rapidly growing, affluent community in Northern Collin County, TX with annual gross revenues of approximately $575,000. The practice serves a high-quality, local client base, including a good number of businesses as well as loyal individuals, which should continue to generate referrals and opportunities for expanding services. Revenues are nicely balanced to provide for steady, year round cash flow and are comprised of 61% tax, 28% bookkeeping, 9% payroll, and 2% other services. There is a strong fee structure in place, which yields solid cash flow to owner. This turn-key opportunity is complete with a fully cloud-based system and tenured staff to assist in transition and provide capacity for growth. It is the perfect size for an experienced CPA ready to start a practice. It would also be an easy addition for another firm looking to expand in this desirable area.