Presented by: |
The Holmes Group |
Toll-Free: 800-397-0249 |
This well-established, reputable CPA Practice for sale in Western Montana has consistent annual gross revenues of approximately $1,750,000. The practice has a strong fee structure and is focused on profitable tax work, yielding cash flow to owners approaching 50% of gross income. Income is spread nicely throughout the year, as they extend at least 50% of their returns and also provide some periodic accounting, payroll, and consulting services for businesses and individuals.
Although the owners have not been actively looking to add clients and services in recent years, the firm's high-quality, diverse client base, including many businesses across a variety of industries, should continue to provide referrals and opportunities for expanding service offerings. There is knowledgeable, competent staff in place to assist in a smooth transition and allow for growth, and the practice is reasonably and intentionally priced to allow a buyer to immediately upgrade to paperless and more efficient systems, which should further increase profitability heading into a new year and a tax season windfall.