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The Holmes Group |
Toll-Free: 800-397-0249 |
Centrally located in the highly desirable and affluent Frisco area, this first-rate virtual CPA practice has annual gross revenue of approximately $950,000. It has built a strong reputation for delivering high-quality, professional tax and accounting services. Known for its responsiveness, reliability, and client-focused approach, the firm has cultivated a premier client base consisting of small businesses and individuals that offer significant opportunities for growth through expanded services and continued referrals. In fact, the practice consistently receives inquiries from new prospective clients, offering strong potential for immediate growth. This highly profitable practice boasts a solid fee structure and yields exceptional cash flow to owner in excess of 60% of gross. Notably, over 50% of the total revenues is generated from businesses and are derived from a well-balanced mix of profitable tax services (85%) and accounting/bookkeeping, consulting and planning services (15%) that provide steady, year-round income.
This is the ideal size and opportunity for an experienced CPA looking to step into a reputable, growing practice with high-quality clients. It would also be a very profitable expansion for a larger firm looking to establish or grow a presence in this thriving North Texas market.