Midland-Odessa CPA Practice
 Available
Listing #: TXW1034
Location: Texas
Type: CPA TAX BOOKKEEPING PAYROLL Other
Annual Revenue: $1,303,000
 Asking Price:
Presented by:
Kevin J. Overberg, CPA/PFS
Office: 720-988-4334
Description:
  • Three owner CPA practice in vibrant, growing community
  • 40% Bookkeeping; 40% Tax Preparation (60% Individual; 39% Business; 1% Other); 4% Franchise Reports; 16% Payroll
  • Cash flow to owner before potentially duplicate expenses is a solid 57% of gross revenue
  • Practice utilizes PC accounting/QuickBooks, Lacerte and ATX
  • One full-time CPA (in addition to owners), 1.5 FTE bookkeepers and 1 full-time administrative
  • Office space can be easily transferred to new owner
  • One partner is looking forward to retirement after a long, successful career,
  • The other partners are looking forward to relief in their work load but still willing to work full-time
  • All anticipate assisting buyer with transitioning clients to maximize knowledge transfer and client retention
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