Description:
This well-established and respected CPA practice for sale in Honolulu, HI has annual gross revenues of approximately $660,000. The practice has a reputation for providing high-quality tax compliance and consulting services and caters to a first-rate client base of individuals and businesses across a variety of industries. The practice boasts strong billing rates and yields exceptional cash flow to owner of about 45% of gross income. There is also a long-term, knowledgeable staff in place ready to assist in a smooth transition. In addition to tax and consulting services, the firm provides profitable litigation support and valuation services, which are not included in the listed gross income or asking price but have generated about $600K per year in recent years. The right buyer with experience in this area should be able to pick up much of this work from existing clients and the firm's many referral sources while paying only based on income earned from these services.