SOLD
Northeast Dallas Suburb CPA Practice for Sale
Listing #
TXN5084
Location
Texas
Annual Revenue
$800,000
Asking Price
$890,000
Type
CPA
Presented by: |
The Holmes Group |
Toll-Free: 800-397-0249 |
Description:
There is an experienced and dedicated staff in place to help ensure a seamless transition, and the seller is willing to work for the buyer after closing, if desired. This is an excellent, turn-key opportunity for a seasoned CPA looking to step into practice ownership or would be a profitable addition for an established firm looking to expand with quality clients.
This well-respected CPA firm for sale is located in a Northeast Dallas Suburb and has annual gross revenues of approximately $800,000. The practice has been providing exceptional tax/accounting services to the local community for over 35 years. It offers a broad scope of services and revenues are nicely balanced between tax work (72%), monthly/quarterly/annual accounting services (22%) and payroll services (5%) providing steady, year-round income. There is also nice diversity within the client base with about 60% of the total revenue derived from businesses. The practice has strong fees and yields solid cash flow to owner of about 50% of gross income. By using current technology and workflow processes to promote efficiency, it has grown consistently in recent years and is poised for continued growth.
There is an experienced and dedicated staff in place to help ensure a seamless transition, and the seller is willing to work for the buyer after closing, if desired. This is an excellent, turn-key opportunity for a seasoned CPA looking to step into practice ownership or would be a profitable addition for an established firm looking to expand with quality clients.
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