Description:
This well-established CPA Tax & Accounting Practice for sale in North Idaho has annual gross revenues of approximately $260,000. The reputable practice has been providing first-rate tax and accounting services in the community for more than 30 years. The firm has a good fee structure in place and generates strong cash flow to owner of approximately 60% of gross income. Although revenues are derived primarily from tax work (79%), the practice does serve a good number of business clients and provides bookkeeping, payroll, and consulting services that help generate year-round cash flow. The practice has a physical office in Far North Idaho, which is manned part-time, however the seller works most of the year from a home office more than 75 miles away. Since the clients are accustomed to being serviced remotely without regular, in-person contact with the owner, the practice could realistically be transitioned to, and could be well-served by, an accountant located in the Coeur D’Alene area or elsewhere in North Idaho. This practice provides the perfect opportunity for an individual ready to jump into practice ownership with an established book of business. It would also be an easy and profitable addition to another firm looking to expand in the area.