Description:
Sole CPA practitioner in resort area mountain community. Stable revenues with excellent growth opportunity. High demand for services, but owner not accepting new work. 78% Tax Preparation (61% Business; 38% Individual; 1% Other); 22% Bookkeeping/Payroll. Cash flow to owner before potentially duplicate expenses is a solid 54% of gross revenue. Practice utilizes Lacerte, Sage and QuickbooksTwo (2) employees one professional staff; one bookkeeper/office manager. Efficient, cost effective office space with assumable lease for next 3 years. Owner is retiring but long-term staff wish to continue working for new owner. Owner will support buyer through a transition period to help assure client retention.