Description:
• Three shareholders of a well-established CPA practice with loyal client base • 69% Tax Preparation (54% Individual; 36% Business; 10% Other); 25% Bookkeeping/Payroll/Sales tax; 6% Consulting and other services • Cash flow to shareholders is a respectable 44% of gross revenue • Practice utilizes Accounting CS, CCH Axcess and QuickBooks • In addition to 3 shareholders, employees include 2 staff accountants, 1 office manager and 1 part time admin • Single story, sole occupant, owner-owned office building in Lakewood; sellers are willing to sell along with practice • Two of the three owners intend to retire after assisting buyer through an appropriate transition period to maximize knowledge transfer and client retention; the third is interested in continuing on in the practice