Description:
This CPA practice is located in a nice town in the Flathead Valley area near Flathead Lake and has annual revenues of approximately $341,000.   It is a well established, quality practice that has great profit margin of 39% to owner with a good amount of business clients to help provide year-round revenues.   38% of the business is comprised on monthly bookkeeping and compilation work for several dozen clients, and an additional 19% is for the business tax returns.   Approximately 19% is for about 140 individual clients, along with about 14% for tax compliance work.   This turn-key practice would be a great size for an individual buyer looking to jump into practice ownership and the client base should lend itself to further expansion of services and growth through referrals.   There is a good solid long-term staff in place that should be an asset to the new buyer as well as an owner that is flexible with transition to help ensure maximum client retention as well as being primed for immediate growth.