This well-established practice produces annual gross revenues of approximately $375,000.  It caters to a high-quality, loyal client base, which should continue to generate referrals and allow for expansion of services.  Focused on profitable tax work, the practice boasts a strong fee structure and yields excellent cash flow to owners approaching 80% of gross income. It is an ideal size for an individual starting out in practice or another firm seeking expansion in a most desirable area.