New
Allen, TX CPA Practice
Listing #
TXN5888
Location
Texas
Annual Revenue
$993,000
Asking Price
$1,290,000
Type
CPA TAX BOOKKEEPING
Presented by:
The Holmes Group
Toll-Free: 800-397-0249
Description:

Located in an affluent and highly desirable northern suburb of the DFW Metroplex, this premier CPA practice has annual gross revenue of approximately $993,000.  The practice has a loyal, long-standing client base that includes a substantial number of full-service business clients. The firm offers a well-balanced mix of services that generate steady, year-round income. Approximately 92% of revenue is derived from profitable individual and business tax services, with the remainder coming from accounting/bookkeeping services. Business clients account for approximately 50% of total revenue and should provide plenty of opportunity for expanding accounting and consulting services. The practice boasts an exceptionally strong fee structure and delivers solid cash flow to the owner of about 45% of gross income.

 

There is a competent, experienced staff in place to help facilitate a smooth transition and there is tremendous growth opportunity in this booming area - the practice currently receives calls from new prospective clients every week but has been very selective about those they add. This is an ideal turn-key opportunity for an experienced CPA ready to step in a growing, thriving practice or for an established firm looking to expand in a prominent market with high quality clients.

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