Description:
This reputable and profitable CPA practice for sale is located in Wichita Falls and produces annual gross revenue of approximately $634,000. The practice has provided small businesses and business owners with professional and personalized tax and accounting services since inception. Revenues are derived from a nice mix of year-round work, comprised of about 70% tax and 30% accounting services. The loyal, high-quality client base is composed predominately of business clients and should offer plenty of opportunities for expansion of services and continued growth through referrals. In fact, more than 70% of the total revenue is generated from businesses. The practice has a solid fee structure and yields consistently strong cash flow to owner. With a knowledgeable, long-term staff in place and the owners also available to assist as needed in a transition, this practice is the perfect size, turn-key opportunity for an experienced CPA ready step into practice ownership. It would also make a profitable addition for another established firm looking to expand in the area or open a branch office.