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| The Holmes Group |
| Toll-Free: 800-397-0249 |
The clients included in this sale are loyal, high-quality, consisting primarily of individuals, professionals and the mix of businesses should continue to provide opportunities for continued growth and expand services. There is a solid fee structure in place with average individual fee of $1,000 per return. Revenues are derived mostly from tax services with some bookkeeping for a select group of clients with about 55% of the total revenue derived from businesses. This well-established group of clients are loyal and are accustomed to sending in their tax and financial information without visiting the office and have primarily been serviced remotely. As such, should be easily transitioned to another firm regardless of location. Given the minimal overhead and highly efficient, virtual home-office model, a buyer with additional capacity could greatly increase their bottom line. This represents an ideal opportunity for any North Texas CPA looking to jump start a profitable new practice or expand an existing client base.
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