Description:
This CPA Tax & Accounting Practice for sale in the Allen, TX Area has annual gross revenues of approximately $148,000. Located in one of the most sought-after, desirable suburbs in the Dallas-Fort Worth Metroplex, this well-established practice has been growing steadily since inception and should continue on that forward trajectory if ran in a similar fashion. The owner has focused on tax preparation services, which make up about 80% of the income. However, the quality client base, including many businesses as well as loyal individuals, should provide plenty of opportunities for expansion of the bookkeeping and payroll services plus continued growth through referrals. There is a solid fee structure in place, and with minimal overhead expenses, the firm generates exceptionally strong cash flow to owner of approximately 90% of gross income. This is an ideal opportunity for an experienced accountant looking to jump into practice ownership. It would also make a profitable addition to an established practice in the area that has the employee capacity to expand.