Description:
This distinctive CPA practice for sale is located in the Dallas/Fort Worth area and has annual gross revenues of approximately $1,500,000. The practice specializes in the healthcare industry and about 95% of the firm's clients are within this dependable and ever-growing niche market. With a focused, proven approach for attracting and serving healthcare clients, and with proprietary systems in place to promote efficiency and reliability, the firm has grown into one of the largest firms in this specialty both in Texas and nationwide. They currently serve healthcare clients in more than 30 states. The practice has a strong fee structure and revenues are nicely mixed between services to provide year-round cash flow, including about 51% from monthly accounting, billing, and payroll services, 33% from governmental reporting, and 16% from tax preparation. There is a highly-experienced and responsible team in place, which has allowed the seller to run the firm with part-time oversight in recent years and to enjoy a fair amount of free-time away from the office. Although the practice has not been aggressively advertising for new clients of late, there is a terrific opportunity here to tap the existing client base for new referral business and to lean on the firm's well-established presence and stellar-reputation in the healthcare industry to drive rapid growth. This profitable practice is well-suited for an experienced CPA looking for a solid turn-key opportunity with excellent growth potential. It would also be a fantastic addition to any larger firm with healthcare expertise or an interest in adding this specialty to their business. The seller will be available on a contract basis to help a buyer in transition.